Idaho (ID) – 2018
Idaho
Minimum Wage | Idaho | Federal |
---|---|---|
Minimum Wage | $7.25 | $7.25 |
Minimum Cash Wage (Tipped Employee) | $3.35 | $2.13 |
Maximum Tip Credit | $3.90 | $5.12 |
Youth Minimum Wage | $4.25 | $4.25 |
State Income Tax | Idaho | Federal |
Wage Withholding | Tables | |
Supplemental Wage / Bonus Rate | 6.925% | |
Unemployment Insurance | Idaho | Federal |
Maximum 2018 Taxable Earnings (Increased from $37,800 in 2017) | $38,200 | |
Employee 2018 Deduction | None | |
Employer 2018 Tax Rates (Lowest rate includes 0.00807% Workforce Training tax) | 0.269 – 5.4% | |
Standard 2018 New Employer Rate (Includes 0.03% Workforce Training tax) | 1.00% | |
Voluntary Contribution Permitted | No |
Federal (FED) – 2018
Minimum Wage | Federal |
---|---|
Youth Minimum Wage | $4.25 |
Maximum Tip Credit | $5.12 |
Minimum Cash Wage (Tipped Employee) | $2.13 |
Minimum Wage | $7.25 |
FICA (MEDICARE) | Federal |
Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match) | 0.90% |
Employee / Employer Tax Rate (Unchanged from 2017) | 1.45% |
Maximum Taxable Earnings | No Limit |
FICA (SOCIAL SECURITY) | Federal |
Employee / Employer Tax Rate (Unchanged from 2017) | 6.20% |
Maximum Taxable Earnings (Increased from $127,200 in 2017) | $128,400 |
FUTA (EMPLOYER-PAID) | Federal |
Normal Net Tax | 0.60% |
Maximum Credit | 5.40% |
Percent of Taxable Wages | 6.00% |
Maximum Taxable Earnings | $7,000 |
Health Savings Accounts | Federal |
Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2017) | $1,000 |
Family Contribution Limit (Employee / Employer) (Increased from $6,750 in 2017) | $6,900 |
Self-Only Contribution Limit (Employee / Employer) (Increased from $3,400 in 2017) | $3,450 |
Supplemental Wage / Bonus Rates | Federal |
Pay over $1 Million (Decreased from 39.6% in 2017) | 37% |
Flat Rate Withholding Method (Decreased from 25% in 2017) | 22% |
Idaho State Resources
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