Montana Unemployment Tax Rates Hold Steady for 2021

By December 24, 2020News, Regional

The Montana Department of Labor has announced that unemployment tax rates are not to change for 2021.

Effective January 1, 2021, unemployment tax rates for experience-rated employers are to be determined with Schedule 1, with tax rate ranging from 0.13% to 1.60% for positive-rated employers and from 3.10% to 6.30% for negative-rated employers. These rates include the Administrative Fund Tax attributable to all employers; 0.13% for positive-rated employers and 0.18% for negative-rated employers.

Montana’s unemployment taxable wage base is to be $35,300 in 2021, up from $34,100 in 2020.

As always, if there are any questions please do not hesitate to contact us or visit our website at www.thomas-and-company.com.

Josh Kendall

Author Josh Kendall

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