Washington (WA) – 2024

Washington Effective 1/1/23 Federal Effective 7/24/09

Minimum WageWashingtonFederal
Minimum Wage$16.28$7.25
Minimum Cash Wage (Tipped Employee)$16.28$2.13
Maximum Tip CreditNone$5.12
Youth Minimum Wage (Employees who are 14 or 15 years old may be paid 85% of the adult minimum wage)$13.84
State Income TaxWashingtonFederal
Wage WithholdingNone
Supplemental Wage / Bonus RateNone
Unemployment InsuranceWashingtonFederal
Maximum 2024 Taxable Earnings (Increased from $67,600 in 2023)$68,500
Employee 2024 DeductionNone
Employer 2024 Tax Rates (Plus 0.03% employment administrative fund and social cost surtaxes)0.0 – 5.4%
Standard 2024 New Employer RateIndustry Average
Voluntary Contribution PermittedYes
Workers CompensationEmployers and employees each pay half of the Stay At Work rate, the Medical Aid Fund rate and the Supplemental Pension Fund (SPF) rate. For 2024, the SPF rate is $0.1710 per hour ($0.0855 per hour, employee rate & $0.0855per hour, employer rate).
Washington Disability InsuranceWashingtonFederal
Paid Family Leave Insurance – Employee 2024 Family Deduction (Wage Base -$168,600)0.35557% of employee’s wages
Paid Family Leave Insurance – Maximum Employee Family 2024 Deduction$599.49
Paid Family Leave Insurance – Employee 2024 Medical Deduction (Wage Base -$168,600)0.173012% of employee’s wages
Paid Family Leave Insurance – Maximum Employee Medical 2024 Deduction$291.70

Federal (FED) – 2024

Minimum WageFederal
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%
Maximum Taxable EarningsNo Limit
Employee / Employer Tax Rate (Unchanged from 2023)1.45%
FICA (SOCIAL SECURITY)Federal
Maximum Taxable Earnings (Increased from $160,200 in 2023)$168,600
Employee / Employer Tax Rate (Unchanged from 2023)6.20%
FUTA (EMPLOYER-PAID)Federal
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 2023)$1,000
Family Contribution Limit (Employee / Employer) (Increased from $7,750 in 2023)$8,300
Self-Only Contribution Limit (Employee / Employer) (Increased from $3,850 in 2023)$4,150
Pension PlansFederal
Catch-up Contribution Limit – 401(k) & 403(b) plans (age 50 or older) (Unchanged from $7,500 in 2023)$7,500
Contribution Limit – 401(k) & 403(b) plans (Increased from $22,500 in 2023)$23,000
Supplemental Wage / Bonus RatesFederal
Pay over $1 Million (Unchanged from 2023)37%
Flat Rate Withholding Method (Unchanged from 2023)22%

Washington State Resources

Need a Tax Form?

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