Taxable Wage Base

There is a limit on the amount of wages paid to an individual worker in a calendar year on which each employer must pay a tax. The yearly taxable wage limitations are as follows:

*Beginning with calendar year 2005 through calendar year 2009, the taxable wage base is set by state statute.

After 2009 the taxable wage base can be increased by $1,000 or decreased by $500 for any year, depending on the average balance of the Unemployment Compensation Trust Fund of the four preceding calendar quarters. In no event shall the state taxable wage base increase beyond thirteen thousand dollars, or decrease to less than seven thousand dollars.