The Indiana Department of Workforce Development has confirmed that it will not include unemployment benefits charged from March 13, 2020 to June 30, 2021 when calculating employer’s unemployment tax rates for 2022.
However, this does not necessarily equate into lower tax rates in 2022 and beyond. The frequently asked questions posted to the IN DWD website indicate that unemployment benefits charges waived from individual employer accounts in 2020 may be recovered through a mutualized unemployment tax for 2022. Similarly, charges waived in 2021 may be recovered through a mutualized unemployment tax for 2023.
As always, we will continue to monitor this situation and provide updates as they become available. If there are any questions please do not hesitate to contact us or visit our website for the latest news and updates.