Social Security Tax: 6.2% each for employers and employees on wages up to $76,200;
Medicare Tax: 1.45% each for employers and employees, No Maximum;
FUTA Tax: 6.2% (or .8% after State UI credit) of wages up to $7,000, Employer paid only;
California SDI Tax: .5% of wages up to $46,327, Employee paid only;
California UI Tax: Varies depending
on employer's experience rating, Employer paid only;
Due Dates for 2000 Payroll Tax Returns
April 30th, 2000: 1st Quarter (Forms 941 and DE-6);
July 31st, 2000: 2nd Quarter (Forms 941 and DE-6);
October 31st, 2000: 3rd Quarter (Forms 941 and DE-6);
January 31st, 2001: 4th Quarter (Forms 941 and DE-6) and 2000 Annual Returns (Forms 940 and DE-7), W-2's to Employees;
February 28th, 2001: 2000 Forms W-2 and W-3 to be filed with Social Security Administration.
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