2022 futa tax rates and limits

Colorado. Taxable on the First. Best Homeowners Insurance for New Construction, How to Get Discounts on Homeowners Insurance. Please help us keep our site clean and protect yourself. The 2022 Taxable Wage Base is $45,200.00. It is a federal payroll tax that provides temporary unemployment benefits to qualified workers who lose their job through no fault of their own. The tax applies to the first $7,000 you paid to each employee as wages during the year. No amount is deducted from an employee's paycheck towards FUTA taxes. The Federal Unemployment Tax Act (FUTA) is the law that requires employers to pay payroll taxes that provides unemployment compensation to workers who have lost their jobs. Employees who worked any part of a day count. Let's break down the limits and how to calculate it. (This figure assumes youre eligible for the maximum credit of 5.4%. The FCR and FUTA rates that will be charged for 2023 are listed below. FUTA Tax per employee = (Taxable Wage Base Limit) x (FUTA Tax Rate). They not only make managing payroll easier, they can also make handling these crucial taxes easier as well. Failure to pay FUTA taxes can lead to significant penalties, including fines and even criminal charges. In our final 2022 edition ofUS employment tax rates and limitsyou will find, as of December 16, 2022, the following: See also our previous year publications: US employment tax rates and limits for 2021, US employment tax rates and limits for 2020andUS employment tax rates and limits for 2019. For each employer in California, that results in an . . Theres a lot to consider here when calculating FUTA tax. Use Schedule A Form 940 to calculate and report Multi-State Employer and Credit Reduction Information to the IRS. If the due date for filing a return falls on a Saturday, Sunday, or legal holiday, you may file the return on the next business day. This increase is intended to fund the rise in the maximum weekly UI benefit amount, which effective July 1, 2022, will increase to $320, up from $240. Health Savings Account limits for 2021 and 2022. This means, instead of getting credit for 5.4% of the 6% tax due, employers in those states would receive a credit of only 5.1% instead. You can request an extension of up to 90 days in writing; however, this is an extension to file the form and it is not an extension of the time to pay the tax due. Deposit your FUTA tax by the last day of the month after the end of the quarter. Find out the trending topics in the payroll industry and the product updates from 123PayStubs. Here are the phone numbers they provide: 303-318-9100 (Denver-metro area) 1-800-480-8299 (outside Denver-metro area) For 2023, the Unemployment Insurance tax range is from 0.75% to 10.39%, with new employers in Colorado generally starting at 1.7%. However, this credit will be reduced by 0.3 percent to 5.1 percent for the 2022 tax year. Example for 2016: Reserve Balance: Payroll: Reserve 12/31/14: $9756.40 . You may choose to add FUTA taxes paid for an employee in their pay stubs. FUTA is an employer tax, so employees do not pay into it. The due date for filing the Form 940 is January 31. In the calendar year 2023, a new employer just beginning a business in the state of Arkansas is assigned a new employer rate of 3.1% and will remain at that rate until . The tax liability for Q3 is below the FUTA tax limit by $10. The Social Security Act of 1935 had administered unemployment benefits until FUTA was enacted in 1939. The FUTA tax applies to the first $7,000 of wages paid to each employee throughout the year. Many or all of the products here are from our partners that compensate us. To compute the FUTA tax on a workers annual wages, do the following: Add up all taxable wages paid to an employee in a calendar year. 2685 Celanese Road, Suite 100, Rock Hill, SC 29732. You paid wages of $1,500 or more to employees in any calendar quarter during 2021 or 2022, or; . However, there are additional factors that may affect the FUTA tax calculation. Fringe-benefit inflation adjustments and Form W-2 penalties for 2021. Note: The 20 weeks dont have to be consecutive. The standard FUTA rate in 2022 is 6%, with a taxable wage base of $7,000 (per employee) or taxable wages up to $7,000. FUTA tax rate: Generally, if you paid wages subject to state unemployment tax, you may receive a credit of up to 5.4% of FUTA taxable wages when you file your Form 940. . The company must remit the FUTA tax liability by January 31 st of the following month. Once an employee makes $7,000 in gross wages for the year that's it. These are employees that you filed Form W-2 for. | Terms of Use If it seems complicated (and it can be) you may want to work with an accounting professional, use accounting software that includes payroll (including FUTA), or use a payroll services company that includes FUTA and SUTA tax management. If your business collected $100 in FUTA taxes in the first quarter of the year, $300 in the second quarter, and $200 in the third quarter, FUTA taxes would be due on October 31. In 2023, this rises to $160,200. In other words, the maximum FUTA tax rate per employee to be paid by the employer for 2022 is calculated as: $7000 * 6% = $420. (In years where credit reduction states apply, you must include liabilities owed for credit reduction with your fourth quarter deposit.). It will bring the FUTA tax liability for Q4 to $1,040 ($490 + $550). The FUTA Credit Reduction will appear on the Federal Form 940. An accounting software or service can help you avoid costly mistakes and get a clear picture of your overall finances. Most businesses also have to comply with their state's State Unemployment Tax Act (SUTA), which coordinates with the federal tax. Its likely that your payroll software calculates and retains your FUTA liability and automatically remits it when the time is right. Wage limit . 2020 FUTA credit reduction 10 State unemployment insurance wage base limits 11 . You can connect with Michelle on Twitter (@MichelleLBlack) and Instagram (@CreditWriter). E-file Starts at $4.95 /form. You dont collect or deduct FUTA from employee wages. TBD: 2022 wage base was not available as of the time of this printing. At that point, you must deposit your FUTA tax for the quarter. | Privacy Policy The $7,000 is often referred to as the federal or FUTA wage base. Usually, your business receives a tax credit of up to 5.4% from the federal government when it pays its state unemployment tax, effectively reducing the FUTA rate to 0.6%. If the employer is eligible for the maximum credit, it means that the tax rate will be only 0.6% i.e: 6% minus 5.4%. Deferral of the tax payment due dates. The employers under credit reduction state are usually not eligible for the full credit against the FUTA tax rate. Although Form 940 covers a calendar year, you may have to deposit your FUTA tax before you file your return. A FUTA credit reduction state is a state that borrowed money from the trust fund but failed to repay those funds by the due date. The result is that your business may have to pay more unemployment taxes for each employee until your state repays its loan balance. The FUTA and SUTA taxes are filed on Form 940 each year, regardless if a business has an employee on unemployment insurance. Most employers pay both a federal (FUTA) and a state unemployment tax. Your email address will not be published. The SSA provides three forecasts for the wage base (intermediate, low and high cost) and all predict an increase to $155,100 in 2023. You can also view limits, if any. Tax Withholding Estimator: Calculating Taxable Income Using Exemptions and Deductions. Small business owners carry a lot of responsibility on their shoulders. If the flat tax has no limit, "no limit" appears in this field. Generally, the SUTA tax rate ranges from 2%-5% of each employee's salary, but it ultimately depends on the state you operate in. SUTA tax rates will vary for each state. You can find your contribution rate by finding the tax rate associated with your reserve ratio in the multi-schedule contribution rate system shown on the tables below. The credit reduction states for 2023 will be announced November 10, 2023. Your small businesss FUTA tax liability for the year is $105.60 ($17,600 * 0.006). This $7,000 is known as the taxable wage base. The reader should contact his or her attorney, CPA, or tax professional prior to taking any action based upon this information. The business also needs to report FUTA by filing a Form 940 (or 940-EZ) by January 31 of the following year as part of its annual tax returns. Save my name, email, and website in this browser for the next time I comment. Photo by Dorothea Lange in the New York Public Librarys archive. The tax rate for new employers remains 1% in 2022. Employer. Employee SUI withholding rate is 0.56% on wages up to $45,200, Employee SUI withholding rate is 0.425% on wages up to $39,800, Employee SUI withholding 0.06% on total wages. These credit reductions are made from the regular credit reduction of 5.4%. You had one or more employees for at least some part of a day in any 20 or more different weeks in 2021 or 20 or more different weeks in 2022. The FUTA rate is 6.0% (before state tax credits) of what you paid an employee during the quarter. Should a state's Title XII advances remain outstanding on November 10, 2022, employers in the state will be subject to a 0.30% increase in the FUTA tax rate . While its every small business owners nightmare to let go of any employees, sometimes layoffs are the only way to keep the business afloat. For budgeting purposes, you should assume a 0.6% FUTA rate on the first $7,000 in wages for all states with an additional percentage to be charged to cover the FUTA Credit Reduction . Minnesota. For the 2022 tax year, you must file Form 940 no later than January 31, 2023 unless you deposited all FUTA tax when due, in which case you have until February 10, 2022 to file Form 940. Beginning with calendar year 2025, the taxable wage base will be indexed each year for inflation. In this guide, we break down what FUTA means, when your business must pay it and tips to make sure its done properly. You may have to do everything from securing small business loans to setting the vision for your brand. In years where there are credit reduction states, you must include liabilities owed for credit reduction with your fourth quarter deposit. The first $7,000 for each employee will be the taxable wage base limit for FUTA. Generally, federal law provides employers with a 5.4 percent FUTA tax credit toward the 6.0 percent regular tax when they file their Employer's Annual Federal Unemployment (FUTA) Tax Return (Form 940). Once your FUTA tax liability for a quarter (including any FUTA tax carried forward from an earlier quarter), is more than $500, you must deposit the tax by electronic funds transfer using the Electronic Federal Tax Payment System (EFTPS). HB 413 would also have frozen the rate schedule to Schedule A and taxable wage base to $10,800 for calendar year 2022; however, Governor Andy Beshear line-item vetoed the provisions that extended the UI tax relief to calendar year 2022, saying that the state should wait and see until 2022 because "the Commonwealth's financial situation is fluid." Generally, you make electronic fund transfers by using the Electronic Federal Tax Payment System (EFTPS). Often, when your business pays state unemployment tax, your FUTA tax rate is reduced. So, while, employers in states without a further credit reduction will have a FUTA tax rate of .6% (on the first $7,000 of wages paid) for the year, employers in states with a further credit reduction due to an outstanding balance of advances will incur a FUTA tax rate . Our experts love this top pick,which featuresa0% intro APRuntil 2024, an insane cash back rate of up to 5%, and all somehow for no annual fee. Use our research to quickly and easily find the right payroll solution for your business. It's a payroll tax that many states impose on employers in order to fund state unemployment insurance and other employment programs. Some states are conservative in their approach to maintaining adequate SUI trust fund reserves. Though FUTA tax is a payroll tax, it is different from the FICA taxes in the sense that only the employer contributes toward the FUTA taxes. Since 1939, the Federal Unemployment Tax Act (FUTA) has funded a cushion for workers who lose their jobs through no fault of their own. And theres one more wrinkle to consider. The chart below outlines 2023 SUTA employer tax rate ranges. Return to Top. Maintaining 2020 annual taxable wage base limits. employers in the jurisdiction will pay FUTA tax at a rate of 3.9%. For more information about our organization, please visit ey.com. Your state wage base may be different based on the respective states rules. You may roll over the tax liability to the next quarter and pay the tax amount if the liability exceeds the $500 threshold. You can view historical and current credit reduction states information at DOL.gov. Legislation from 2019 (LB 428) increases the SUI taxable wage base to $24,000 for employers assigned the maximum rate. To learn more about the household employees and farmworkers tests, and exceptions for other employees, check out Chapter 14 of the IRS Employers Tax Guide. Refrain from posting overtly promotional content, and avoid disclosing personal information such as bank account or phone numbers. Continue carrying your tax liability forward until your cumulative FUTA tax liability is more than $500. by Ryan Lasker | Reporting and Filing. Employer FICA Wage Limits and Tax Rates 2021 2020 Medicare (HI) wage base No Limit No Limit Social Security (OASDI) percentage 6.2% 6.2% . Generally, you're entitled to the maximum credit if you paid your state unemployment taxes in full, by the due date of the Form 940, and the state isn't determined to be a credit reduction state. (Check with your individual state taxing authority in any state where you pay employee wages for details about SUTA rate and wage base requirements.). Or is it impossible to be 0? * Law sets the taxable wage base; legislation would be necessary to change. One of the important payroll taxes you may need to pay is FUTA tax. 0.6%. Page Last Reviewed or Updated: 08-Feb-2023, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Electronic Federal Tax Payment System (EFTPS), Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return, Publication 15, (Circular E), Employers Tax Guide, Publication 926, Household Employers Tax Guide, Publication 51, (Circular A), Agricultural Employers Tax Guide, Topic No. *** Due to the continued effect of COVID-19 UI benefit claims on state UI trust fund balances, the state is delayed. Start with their gross pay -- their total salary or wages before deductions and taxes -- and subtract: Lets say you have three employees -- two part-time and one full-time -- with the following earnings for the year: The FUTA tax liability is based on $17,600 of employee earnings ($4,900 + $5,700 + $7,000). For example, you pay Employee Jane $7,000 in December 2021 and another $8,500 in January 2022. You must manage FUTA taxes in two ways deposit the tax each quarter (if required) and file an annual form. The FUTA tax is calculated based on employee wages, and there is no deduction from the employee's paycheck. All rights reserved. 4 January 31, 2022 January 31, 2022 February 28, 2022 Paychex 2021 Tax Bulletin SUI or FUTA Exempt Employees If you had employees who were exempt for state unemployment insurance (SUI) or federal Contract workersthose who receive a Form 1099-NECare not considered employees.. 756. Revised tax rate notices were issued in April 2021. In 2022, the Medicare tax rate for employers and employees is 1.45% of all wages, unchanged . FUTA tax rates. Ex: States who asked for loans in 2020 have until November 10, 2022 to repay the entire loan amount. As a result, many states currently have outstanding loans to the government that will result in higher FUTA taxes being paid by employers in those states in 2023. Copyright, Trademark and Patent Information, Youve paid employees $1,500 or more in any quarter of the year, Youve had one or more employees working at least 20 weeks during the year, even if theyre part-time or temporary employees and worked part of a day, The wages of your children under 21 if youre their employer. How do you calculate FUTA tax? If you're using thewrong credit or debit card, it could be costing you serious money. IRS Announces 2022 Limits for HSAs and High-Deductible Health Plans, SHRM Online, May 2021. The amount owed, or liability, depends on the number of employees and their wages. Once an employee's year to date gross earning . We bring together extraordinary people, like you, to build a better working world. According to a senior Workforce West Virginia representative, to achieve the 25% savings in 2022, Governor Justice intends to reduce the 2022 SUI taxable wage base from $12,000 to $9,000, which would require legislation to implement. 2. What is the FUTA tax rate for 2022? Small business owners have numerous tax obligations, and if your business has employees . In 2013, legislation (HB 168) increased the SUI taxable wage base to a minimum of $10,500 and a maximum of $18,500 by linking the wage limit to the balance of the state's unemployment trust fund. The FUTA tax rate for 2022 and 2023 is 6%. The Department of Labor runs the loan program and determines the credit reduction states each year; see FUTA Credit Reduction for more information. The employers in these states may have to pay more unemployment taxes for each employee unless the state has repaid its loan. It was raised to 62.5 for the remainder . Take note that a person that is part of your workforce is considered as an employee if they are engaged in service to you, and its for your business (or trade), whether its full or part-time. In this article, we will talk about FUTA, its current tax rate and how much you need to pay for FUTA. This information in this communication is general in nature, and is not intended, nor should it be construed, as legal, accounting, tax or other professional advice rendered by GreenSlate, LLC. With the Taxable Wage Base Limit at $7,000, . These reductions in tax revenue due to lower tax rates are being made up by transfers from the general . $7,000 . Average Quarterly. It is the employer who is responsible for withholding and depositing taxes on time. The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The federal minimum wage rate per hour for 2022 is $7.25, . Under the Federal Unemployment Insurance Tax Act (FUTA), the 2022 federal unemployment insurance wage base is $7,000, the maximum tax is 6.0% and the maximum credit reduction is 5.4%, for a net FUTA deposit rate of 0.6%. 6.2% Social Security tax on the first $160,200 of employee wages (maximum tax is $9,932.40; i.e., 6.20% $160,200), plus; Under the general test, you're subject to FUTA tax on the wages you pay employees who aren't household or agricultural employees and must file Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return for 2022 if: If a business was sold or transferred during the year, each employer who meets one of the conditions above must file Form 940. Exceptions include employers of household employees, agricultural employers, Indian tribe governments, tax-exempt organizations, and state and local government employers. Effective Jan. 1, 2022, the unemployment-taxable wage base is to be $7,000, the department said on its website. You pay unemployment tax on the first $9,000 that each employee earns during the calendar year. This is because marginal tax rates only apply to income that falls within that specific bracket. SUTA and FUTA tax rates Each state has its own SUTA tax rates ranging from (0.65% to 6.8%) The wage base limit, or the maximum threshold for which the SUTA taxes can be withheld, also varies by state. Furthermore, employers who pay state unemployment taxes will likely be eligible for a 5.4% federal tax credit. annually. Shes an expert on credit reporting, credit scoring, identity theft, budgeting, and debt eradication. If a business pays wages subject to unemployment tax in a credit reduction state, your business may not be eligible for the full credit against your FUTA tax rate. SUTA rates range from 0.85% - 8.65% for 2023. remember settings), Performance cookies to measure the website's performance and improve your experience, Marketing/Targeting cookies which are set by third parties with whom we execute marketing campaigns and allow us to provide you with content relevant to you. However, many employers receive a credit of 5.4% because they have paid state unemployment tax (SUTA) taxes on time. Consequently, the SUI wage base is flexible in those states, meaning, it is indexed to the average wage or varies based on the trust fund balance. These are employees that you filed. [($7,000 x 10) x $0.06], Paid state unemployment taxes on time in full, Not operating under the state that has any outstanding federal unemployment insurance loans. 503, 11-1-22]. The employer has to make the payments to the IRS on time. Heres a breakdown of how to calculate your quarterly FUTA liability in this scenario: As mentioned before, the IRS allows you to carry over your FUTA payment to the next quarter if your FUTA tax is $500 or less. Most employers must also pay SUTA taxes (thanks to the State Unemployment Tax Act). . The Federal Unemployment Tax Act (FUTA) requires the employers to pay the FUTA taxes quarterly and report the same on To keep track of your FUTA savings, follow these tips: Filing and paying FUTA taxes is a straightforward process, as long as you have a basic understanding of how much you owe and when the payments are due. 2022-2023 FICA tax rates and limits. The Taxable wage base for 2023 is $40,000. The standard FUTA rate in 2022 is 6%, with a taxable wage base of $7,000 (per employee) or taxable wages up to $7,000. Legislation in 2020 (SB 20-207) held the SUI taxable wage base at $13,600 for calendar year 2021 with incremental increases each year thereafter until it reaches $30,600 in 2026. There are three tests used to determine whether you must pay FUTA tax: a general test, household employers test, and agricultural employers test. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. The legislature did not override the governor's veto. In this case, your answer would be $120.00 ($15,500 x 0.07 = 930). Email support@paystubsnow.com Experience Rating: Maximum 8.90%. This $7,000 is known as the taxable wage base. A law passed in 2021 (HB 6633/Public Act 21-200) increases the SUI taxable wage base for calendar year 2024 to $25,000, up from the current $15,000. FUTA joined the Social Security Act of 1935 to create a suite of economic security programs that buoy individuals and the U.S. economy during hard times. The FUTA tax rate is 6% of the first $7,000 of wages, though many businesses qualify for a tax credit that lowers it to 0.6%. These taxes fund the federal governments oversight of the unemployment program in all 50 states. With the Taxable Wage Base Limit at $7,000, FUTA Tax per employee = $7,000 x 6% (0.06) = $420, The FUTA tax for the employer will be $4,200. Add the total gross wages for all employees in any quarter and divide by 4. . 759 Form 940 Employer's Annual Federal Unemployment (FUTA) Tax Return Filing and Deposit Requirements, You paid wages of $1,500 or more to employees in any calendar quarter during 2021 or 2022, or. How the great supply chain reset is unfolding. If you won't be liable for filing Form 940 in the future, see "Final: Business closed or stopped paying wages" under Type of Return in the Instructions for Form 940PDF. Some states have their own SUTA wage base limit. In our final 2022 edition of US employment tax rates and limits you will find, as of December 16, 2022, the following: Social Security wage base for 2022. But if you paid an employee $6,000, you pay 6.0% of $6,000 in FUTA. This field displays the flat tax limit and can only be viewed. Use our research to quickly and easily find the right accounting solution for your business. This means that an employers federal unemployment payroll tax liability is equal to 0.6 % on the first $7,000 paid per worker; however, state unemployment taxes are due as well. Discover how EY insights and services are helping to reframe the future of your industry. The 2022 Employee rate is 0.56%. ( SSA Press Release, 10/13/2022) For 2023, the FICA tax rate for both employers and employees is 7.65% (6.2% for OASDI and 1.45% for Medicare). The Tennessee UI trust fund balance as of November 30, 2021, was $1,119,103,499. Tax Rate: 2021 Taxable Income: 2022 Taxable Income: 10%: $0 to $14,200: $0 to $14,650: 12%: . Starting Jan. 1, 2023, the maximum earnings subject to the Social Security payroll tax will increase by nearly 9 percent to $160,200up from the $147,000 maximum for 2022, the Social Security . In 2021, HB 413/Chapter 177 reduced the 2021 SUI taxes by freezing the rate schedule to Schedule A, the lowest rate schedule provided for by law, and the 2021 taxable wage base to $10,800, the same rate schedule and taxable wage base that applied in 2020. tax rates and limits for 2021 Preliminary as of May 3, 2021. The IRS mandates employers to report the FUTA tax on Form 940, Employers Annual Federal Unemployment Tax Return. Today, employers must pay federal unemployment tax on 6% of each employees eligible wages, up to $7,000 per employee. All rights reserved. In the above example, if John is paid wages in a credit reduction state lets say New York the employer will not get the full 5.4% credit on his wages for 2022. SPAN Enterprises LLC In brief, the unemployment tax system works as follows: Employers pay into the system, based on a percentage of total employee wages. Form 940 The UI agency announced that the taxable wage base of $9,500 will continue for 2022. Experience rating is affected by payroll, tax paid, timeliness of payments and UI benefits charged against the employer's account. Required fields are marked *. View More Features Customer Reviews. As a result, most states reduced the taxable wage base last year. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Tax News Update Email this document Print this document, A preliminary look at the 2022 SUI taxable wage bases. | Refund Policy So, in the example above, you wouldnt need to make a FUTA deposit yet. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. The current taxable wage base that Arkansas employers are required by law to pay unemployment insurance tax on is seven thousand dollars ($7,000) per employee per calendar year. You can pay extras to employees in addition to their income or earnings, such as the cost of meals or housing, some relocation charges, health plans, group life insurance benefits, or 401ks. Every employer pays FUTA; nothing is taken from the employees pay. Bulk Upload Template for Tax Pros. You paid wages of $1,500 or more in any calendar quarter in 2021 or 2022. (Check with your individual state taxing authority in any state where you pay employee wages for details about SUTA rate and wage base requirements.). Click here to know how to add FUTA taxes to pay stubs.. Access our support center for frequently asked questions and answers about 123PayStubs. January 31 is the due date for filing Form 940. The following table indicates the amount of each employee's wages that are taxable and the range of rates: . The due date for the 2023 Form 940 will likely be the same as 2022, though the 2023 Form 940 is not yet available from the IRS. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. If your FUTA tax liability for the fourth quarter (plus any undeposited amounts from earlier quarters) is $500 or less, you can either deposit the amount or pay the tax with your Form 940 by January 31. This article currently has 61 ratings with an average of 4.5 stars. Temporary, part-time, and full-time employees count. If the tax has a default rate that has been overridden in Company Tax Group Maintenance, an asterisk (*) appears next to the tax rate. The higher the trust fund balance, the lower the taxable wage base. In our 2021 edition of US employment tax rates and limits you will find, as of July 15, 2021, the following: Social Security wage base for 2021. Unemployment benefits help people whove lost their jobs stay afloat while they seek new work. . . Privacy PolicyTerms of Service, Federal Unemployment Tax Act (FUTA) Updates for 2023. However, you can carry over your FUTA tax liability to the next quarter if it is less than $500. Note that FUTA tax filings are due before your small business taxes. This results in the minimum amount of FUTA tax of $42 per employee. If the due date for filing a return falls on a Saturday, Sunday, or legal holiday, you may file the return on the next business day. Your Unemployment Insurance (UI) and Employment Training Tax (ETT rates are combined on the Notice of Contribution Rates and Statement of UI Reserve Account (DE 2088).