South Dakota (SD) – 2016

South Dakota

Minimum WageSouth DakotaFederal
Minimum Wage$8.65$7.25
Minimum Cash Wage (Tipped Employee)$4.325$2.13
Maximum Tip Credit$4.325$5.12
Youth Minimum Wage$8.65$4.25
State Income TaxSouth DakotaFederal
Wage WithholdingNone
Supplemental Wage / Bonus RateNone
Unemployment InsuranceSouth DakotaFederal
Maximum 2017 Taxable Earnings (Insert Comment)$15,000 (Unchanged from 2016)
Employee 2017 DeductionNone
Employer 2017 Tax Rates (Insert Comment)0.0 – 9.5% (Plus investment fee ranging from 0.0 – 0.53%)
Standard 2017 New Employer Rate(Insert Comment)1.0 – 1.2% (Plus 0.55% investment fee)
Voluntary Contribution PermittedYes

Federal (FED) – 2016

Minimum WageFederal
Youth Minimum Wage$4.25
Maximum Tip Credit$5.12
Minimum Cash Wage (Tipped Employee)$2.13
Minimum Wage$7.25
Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match)0.9%
Employee / Employer Tax Rate (Unchanged from 2016)1.45%
Maximum Taxable EarningsNo Limit
Employee / Employer Tax Rate (Unchanged from 2016)6.2%
Maximum Taxable Earnings (Increased from $118,500 in 2016)$127,200
Normal Net Tax0.6%
Maximum Credit5.4%
Percent of Taxable Wages6.0%
Maximum Taxable Earnings$7,000
Health Savings AccountsFederal
Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2016)$1,000
Family Contribution Limit (Employee / Employer) (Unchanged from 2016)$6,750
Self-Only Contribution Limit (Employee / Employer) (Increased from $3,350 in 2016)$3,400
Supplemental Wage / Bonus RatesFederal
Pay over $1 Million (Unchanged from 2016)39.6%
Flat rate withholding method (Unchanged from 2016)25%

South Dakota State Resources

Need a Tax Form?

You can download some of the most common tax related forms here.