2024 SUTA Wage Base - Search
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  2. $7,000
    • According to 2 sources
    States are required to maintain a SUI taxable wage base of no less than the limit set under the Federal Unemployment Tax Act (FUTA). The 2024 FUTA wage limit of $7,000 has remained unchanged since 1983, despite increases in the federal minimum wage and annual cost-of-living adjustments over the last 41 years.
    In 2024, the federal minimum wage base under FUTA is $7,000, but most states have a higher base. Think of it like this: Your SUTA tax payment = (Tax rate) x (Employee wages), but only up to the Wage base amount. So, the higher your tax rate or wage base, the more you’ll pay.
     
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