What is the FUTA rate?

FUTA is 6% on the first $7,000 of each employee’s wages. Most employers get a 5.4% SUTA credit, reducing effective FUTA to 0.6%.

What is the maximum FUTA per employee?

At the effective 0.6% rate: $7,000 × 0.6% = $42 per employee per year. Gross FUTA before credit is $420.

When is FUTA deposited?

Quarterly, by the last day of the month after the quarter ends, if FUTA liability exceeds $500. Pay via EFTPS.

FUTA Federal Unemployment Tax Calculator

Calculate FUTA tax liability at the federal 6% rate on first $7,000 of wages per employee, net of SUTA credit.

Principal ($)

Annual Rate (%)

Years

Compounding / Year

$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How to Use

Enter the values for the scenario you are assessing. Calculate FUTA tax liability at the federal 6% rate on first $7,000 of wages per employee, net of SUTA credit. Use the futa tax result to inform your calculation.

Related Calculators

SUTA Tax

Business & Commerce

Employer FICA Match

Business & Commerce

Gross to Net Pay

Business & Commerce

FUTA Federal Unemployment Tax Calculator

How to Use

Related Calculators

Frequently Asked Questions

What is the FUTA rate?

What is the maximum FUTA per employee?

When is FUTA deposited?