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Taxable Wage Base Changes for 2023

NEW MEXICO – Taxable Wage Base Increases for 2023
The taxable wage base in New Mexico is set at $30,100 for 2023. This is a $1,400 increase from 2022.

VIRGIN ISLANDS – Taxable Wage Base Decreases for 2023 + New Weekly Benefit Amount
The taxable wage base in the Virgin Islands is set at $30,200 for 2023. This is a $600 decrease from 2022. The maximum weekly benefit amount for unemployment has been set at $629 for 2023 (a 2% reduction from 2022).

Michele Heckmann

Author Michele Heckmann

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