South Dakota (SD) – 2018

South Dakota

Minimum WageSouth DakotaFederal
Minimum Wage$8.85$7.25
Minimum Cash Wage (Tipped Employee)$4.425$2.13
Maximum Tip Credit$4.425$5.12
Youth Minimum Wage8.85*$4.25
State Income TaxSouth DakotaFederal
Wage WithholdingNone
Supplemental Wage / Bonus RateNone
Unemployment InsuranceSouth DakotaFederal
Maximum 2018 Taxable Earnings (Unchanged from 2017)$15,000
Employee 2018 DeductionNone
Employer 2018 Tax Rates (Plus investment fee ranging from 0.0 – 0.53%)0.0 – 9.35%
Standard 2018 New Employer Rate (Plus 0.55% investment fee)1.2% – 1st year; 1.0% – 2nd & 3rd year
Voluntary Contribution PermittedYes

Federal (FED) – 2018

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)0.90%
Employee / Employer Tax Rate (Unchanged from 2017)1.45%
Maximum Taxable EarningsNo Limit
Employee / Employer Tax Rate (Unchanged from 2017)6.20%
Maximum Taxable Earnings (Increased from $127,200 in 2017)$128,400
Normal Net Tax0.60%
Maximum Credit5.40%
Percent of Taxable Wages6.00%
Maximum Taxable Earnings$7,000
Health Savings AccountsFederal
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 RatesFederal
Pay over $1 Million (Decreased from 39.6% in 2017)37%
Flat Rate Withholding Method (Decreased from 25% in 2017)22%

South Dakota State Resources

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