Futa Tax Rate 2025 California. To access from the payo home page select compliance and then state unemployment wage bases under overview.. The us treasury department shows that for 2024, a futa credit reduction applies to three jurisdictions (california, new york and the virgin islands) because they failed to repay their.
The 2024 futa tax credit (5.4%) is reduced by 0.9% for employers in california and new york. Employers in these states will have a credit of 4.5%, for an effective rate of 1.5%.