The standard FUTA tax rate is 6%, but employers may receive a credit of up to 5.4% for state unemployment taxes, resulting in a net FUTA tax rate of 0.6%.

  1. What is the FUTA tax rate for Form 940?

    The standard FUTA tax rate is 6%, but employers may receive a credit of up to 5.4% for state unemployment taxes, resulting in a net FUTA tax rate of 0.6%.

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