Employer Payroll Tax
Employer Social Security, Medicare, FUTA, and SUTA, the total employer payroll tax.
Example
You enter
- Gross annual wages ($) 200000
- Social Security wage base ($, current year) 168600
- Futa base 7000
- FUTA effective rate (%) 0.6
- State SUTA rate (%, optional) 2.7
- SUTA wage base ($, optional) 7000
You get
- Employer ss 10453.2
- Employer medicare 2900
Checked against published worked examples from: FICA/FUTA (26 USC 3101-3306 + IRS Pub 15).
Details, formula, and sources
ScopeEmployer Social Security, Medicare, FUTA, and SUTA, the total employer payroll tax, and the fully-loaded employer cost from gross wages and the current wage bases.
Formula or tableSS = min(wages, SS_base)*6.2%; Medicare = wages*1.45%; FUTA = min(wages, 7000)*FUTA_rate; SUTA = min(wages, state_base)*SUTA_rate.
Source and editionFICA - 26 USC 3101/3111 and IRS Pub 15 (Circular E), 6.2% SS / 1.45% Medicare; FUTA - 26 USC 3301-3306, $7,000 wage base, 0.6% net, IRS Form 940 - all by name.
Free accessFree at irs.gov/forms-pubs and uscode.house.gov; the SS wage base is user-supplied.
What governsEstimate. AHJ and licensed professional govern.
API field nameswages, ss_base, futa_base, futa_rate_pct, suta_rate_pct, suta_base, employer_ss, employer_medicare
- Wage base the SS wage base changes yearly and is required as a user inputIRS Pub 15