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    kayla1515's Avatar
    kayla1515 Posts: 9, Reputation: 1
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    #1

    Nov 3, 2009, 10:50 PM
    Futa and Suta
    After you know what the suta rate is, is the futa rate always .8%. If not how do you calculate it? I have searched all over in my book and cannot understand what they are trying to tell me.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Nov 5, 2009, 04:14 PM
    The FUTA rate is 6.2%. If your state has unemployment and it is paid on time, then you get a set discount of 5.4%, which reduces the FUTA rate to .8%. The discount is the same regardless of what the state rate is. So state could be only 1% or it could be 7%, and the discount remains at 5.4%. So just use that .8% rate.
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