What is the taxable wage base for years 2006-2011?
All wages for covered employment must be reported, but not all wages are taxable. Each year, a taxable wage base is set that is 60 percent of Minnesota s average annual wage. Quarterly unemployment tax is paid only on the gross wages paid to each employee up to the taxable wage base for that year. Taxable wage base: 2011 – $27,000 2010 – $27,000 2009 – $26,000 2008 – $25,000 2007 – $24,000 2006 – $24,000 Wages reported to another state do NOT count toward the taxable wage base in Minnesota.
