South Dakota Unemployment Tax Rates Hold Steady for 2019

By July 18, 2018Regional

Effective Jan. 1, 2019, South Dakota’s unemployment tax rates are to be unchanged from 2018. This information was released by a spokeswoman for the state’s Department of Labor and Regulation during a phone call on July 13, 2018.

The state is to continue to determine unemployment tax rates for experienced employers with Schedule B in 2019. Additionally, the taxable wage base is to be $15,000, unchanged from 2018.

Tax rates determined with Schedule B range from zero percent to 0.85 percent for positive-rated experienced employers and from 1.35 percent to 9.35 percent for negative-rated experienced employers. Additionally, experienced employers are assessed an investment fee ranging from zero to 0.53 percent.

South Dakota’s new-employer tax rates are 3 percent or 6 percent for construction employers, and 1 percent or 1.2 percent for non-construction employers, according to state law. New employers are assessed an investment fee of 0.55 percent.

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Josh Kendall

Author Josh Kendall

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