2014 FUTA Credit Reduction States


Updated 11/16/14

State

2014 FUTA 
Credit Reduction

2014 BCR
add-on

Net 2014
FUTA Rate

2013 FUTA
Credit Reduction 

Net 2013
FUTA Rate
 

 Alabama     0.6%   0.6%
 Alaska     0.6%   0.6%
 Arizona     0.6%    0.6%
 Arkansas     0.6%  0.9% 1.5% 
 California 1.2%  Waiver 1.8%  0.9% 1.5% 
 Colorado     0.6%   0.6%
 Connecticut  1.7%   0.5% 2.3%  0.9%  1.5%  
 Delaware     0.6%  0.6%  1.2% 
 District of Columbia     0.6%   0.6%
 Florida     0.6%    0.6%
 Georgia 0.6%   1.2%  0.9% 1.5% 
 Hawaii     0.6%   0.6%
 Idaho     0.6%   0.6%
 Illinois     0.6%   0.6%
 Indiana 1.5%   Waiver 2.1%  1.2%  1.8% 
 Iowa     0.6%   0.6%
 Kansas     0.6%   0.6%
 Kentucky 1.2%   Waiver 1.8%  0.9% 1.5% 
 Louisiana     0.6%   0.6%
 Maine     0.6%   0.6%
 Maryland     0.6%   0.6%
 Massachusetts     0.6%   0.6%
 Michigan     0.6%   0.6%
 Minnesota     0.6%   0.6%
 Mississippi     0.6%   0.6%
 Missouri    Waiver 0.6%  0.9% 1.5% 
 Montana     0.6%   0.6%
 Nevada     0.6%    0.6%
 New Hampshire     0.6%   0.6%
 New Jersey     0.6%    0.6%
 New Mexico     0.6%   0.6%
 New York 1.2%   Waiver 1.8%  0.9% 1.5% 
 North Carolina 1.2%   Waiver 1.2%  0.9% 1.5% 
 North Dakota     0.6%   0.6%
 Ohio 1.2%   Waiver 1.8%  0.9% 1.5% 
 Oklahoma     0.6%   0.6%
 Oregon     0.6%   0.6%
 Pennsylvania     0.6%   0.6%
 Puerto Rico     0.6%   0.6%
 Rhode Island 0.6%   Waiver 0.6%  0.9% 1.5% 
 South Carolina    Waiver 0.6%   0.6%
 South Dakota     0.6%   0.6%
 Tennessee     0.6%   0.6%
 Texas     0.6%   0.6%
 Utah     0.6%   0.6%
 Vermont     0.6%   0.6%
 Virginia     0.6%   0.6%
 Virgin Islands 1.2%  Waiver 1.8%   0.6%
 Washington     0.6%   0.6%
 West Virginia     0.6%   0.6%
 Wisconsin    Waiver 0.6%  0.9% 1.5% 
 Wyoming     0.6%   0.6%

 

 

Notes:

1) Credit reduction made against regular credit of 5.4%. States with no credit reduction have a FUTA tax rate of 0.6% on first $7,000 of wages paid. Other states' FUTA tax rate is determined by adding 0.6% + their credit reduction.

2) BCR Add-on applies to states passing their fifth consecutive January 1 with an outstanding advance (under FUTA 3302(c)(2)(C)(BCR Add-on). Most states and territories eligible for BCR Add-on applied for and were approved for waiver of the add-on under 20 CFR 606.25.

Source: Nov. 10, 2014 publication of Final Credit States per DOL/ETA/OUI, Division of Fiscal and Actuarial Services, available here.