Taxable Wage Bases 2021 – 2024
State unemployment insurance taxes are based on a percentage of the taxable wages an employer pays.
The Federal Unemployment Tax Act (FUTA) requires that each state's taxable wage base must at least equal the FUTA wage base of $7,000 per employee, although most states' wage bases exceed the required amount.
Some states apply various formulas to determine the taxable wage base, others use a percentage of the state's average annual wage, and many simply follow the FUTA wage base.
See a chart of State Taxable Wage Bases for 2024, 2023, 2022, and 2021 below. States that have changed their wage base for 2024 are highlighted in bold face.
![Screen Shot 2024-03-11 at 1.13.26 PM](https://www.baldwincpas.com/hs-fs/hubfs/Screen%20Shot%202024-03-11%20at%201.13.26%20PM.png?width=996&height=1176&name=Screen%20Shot%202024-03-11%20at%201.13.26%20PM.png)
![Screen Shot 2024-03-11 at 1.13.53 PM](https://www.baldwincpas.com/hs-fs/hubfs/Screen%20Shot%202024-03-11%20at%201.13.53%20PM.png?width=996&height=388&name=Screen%20Shot%202024-03-11%20at%201.13.53%20PM.png)