EPY: CA FUTA Credit Reduction Wage Base Not Capping At $7000
(Doc ID 2487852.1)
Last updated on NOVEMBER 23, 2019
Applies to:PeopleSoft Enterprise HCM Payroll for North America - Version 9.1 and later
Information in this document applies to any platform.
CA FUTA Credit Reduction Wage Base not capping at $7000
CA FUTA Credit Reduction taxable wage base for 2018 is $7000. Employees are going over the $7000 taxable wage for FUTA Credit Reduction wage base resulting in ER over payment tax class 6 tax after of 3/27/2018.
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