Staying up to date with Florida state tax information? We have the latest updates state tax, unemployment, income tax and more from the sunshine state.
Staying up to date with Florida state tax information? We have the latest updates state tax, unemployment, income tax and more from the sunshine state.
Withholding Requirements:
• Register as employer by filing Form DR-1 (Application to Collect and/or Report Tax in Florida). To apply online, click here.
• No Withholding Tax.
• Withholding Method = none.
• Supplemental Rate = none.
Local Taxes: None.
State Unemployment Insurance (SUI): Report quarterly wages and contributions by filing Form UCT-6 (Employer's Quarterly Tax Report) and Form UCT-6 (Employer's Quarterly Tax Report) by last day of month following end of quarter:
To file online, click here.
Wage base is $7,000 for 2016. Rates range from 0.10% to 5.40% in 2016.Participants in the short-time compensation program are subject to rate 1% above the maximum.
New employers use 2.7% for 2016.
State Disability Insurance (SDI): None
State Labor Laws:
Minimum wage - $8.05 per hour for 2016.
Termination Pay - no provision.
New Hire Reporting: Employers must report hiring, rehiring, and return reporting to work within 20 days of the first day of work on form W-4 (or equivalent) to:
Florida New Hire Reporting Center
P.O. Box 6500 Tallahassee, FL 32314-6500 (888)-854-4791 (888)-854-4762 (fax)To report online, click here.
Remit Withholding for Child Support To: State Disbursement Unit
P.O. Box 8500 Tallahassee, FL 32314-8500877-769-025
To report online, click here.
Reciprocal states: None.
Other Helpful Links: Florida Department of Revenue
Florida Department of Economic Opportunities. For a Florida paycheck calculation visit the Paycheck Calculator of PaycheckCity.
New withholding lock-in letters are expected to be approved in the near future. Once these letters are updated, the previous letters will be replaced. Employers and employees should know how to treat these lock-in letters.
Gross pay and net pay are two important terms to understand. Which pay is most important to me, and how do I calculate it? With the PaycheckCity net pay calculators, gross pay calculators, and other resources, calculating paychecks is simpler than ever.
The start of the new decade presented many significant changes that impact paychecks. Federal, state, and local tax rates across the country typically change with the coming of the new year. Wage bases also change at the Federal and state level.
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