SUTA Definition
SUTA stands for State Unemployment Tax Authority. This is a state tax paid by the employer to fund unemployment benefits.
SUTA Extended Definition
An employer’s SUTA rate is based on their experience and industry. A new rate will be periodically (usually annually) assigned as the employer gains more experience. Taxable income limits are set by each state. Employers need to report their SUTA contributions quarterly.
Related Articles
What Are Taxable Wages? | Patriot Software
What Is SUTA? | Patriot Software
Last Updated By
Jenna Hutkowski | May 01, 2023