All the resources you'll need for 2016 Kentucky withholding tax, unemployment, income tax and more.
• Register as employer by filing Form UI-1 (Application for Unemployment Insurance Employer Reserve Account) or online here.
• Employee Withholding Allowance Certificate: Form K-4.
• Withholding Method = formula.
• Supplemental Rate = Add to regular wages for current or preceding payroll period, compute tax on total, and subtract tax withheld from regular wages.
Local Taxes: Complete list here.
State Unemployment Insurance (SUI): Reserve ratio formula. Wage Base is $10,200 for 2016.
Rates range from 1.0% to 10.00%, plus 0.21% interest surcharge. New employers use 2.70% for 2016, plus 0.21% interest surcharge.
New construction employers use 10.0%.
State Disability Insurance (SDI): None
State Labor Laws:
Minimum wage - The Federal minimum wage rate applies ($7.25).
Termination Pay - Fired/Quit - later of next regular payday or 14 days.
Employers must report hiring, rehiring, and return to work within 20 days on Form W-4 on Form W-4 (or equivalent) to:
Kentucky New Hire Reporting Center
P.O. Box 2586 Atlanta, GA 30301-2586
Fax: 800-817-0099 New Hire Form.
Report online by clicking here.
Kentucky Child Support Enforcement730 Schenkel Lane
P.O. Boxe 2150 Frankfort, KY 40602-2150
To report online click here.
Reciprocal States: Illinois, Indiana, Michigan, Ohio, Virginia, West Virginia, Wisconsin.
For a paycheck calculation visit PaycheckCity
Other helpful links: Kentucky Labor Cabinet.
These free resources should not be taken as tax or legal advice. Content provided is intended as general information. Tax regulations and laws change and the impact of laws can vary. Consult a tax advisor, CPA or lawyer for guidance on your specific situation.