Unemployment Insurance and New Hire Reporting

Calculating Excess Wages

Please see the following table for an example of how to calculate excess wages.

Excess Wage Base for 2018 is $34,300.00

Employee 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Total
John
Excess Wages
$8,250.00
$0.00
$8,250.00
$0.00
$8,250.00
$0.00
$8,250.00
$0.00
$33,000.00
$0.00
Mary
Excess Wages
$16,500.00
$0.00
$16,500.00
$0.00
$16,500.00
$15,200.00
$16,500.00
$16,500.00
$66,000.00
$31,700.00
Sue
Excess Wages
$1,000.00
$0.00
$1,000.00
$0.00
$1,000.00
$0.00
$1,000.00
$0.00
$4,000.00
$0.00
Total Wages $25,750.00 $25,750.00 $25,750.00 $25,750.00 $103,000.00
Excess Wages $0.00 $0.00 $15,200.00 $16,500.00 $31,700.00
Taxable Wages $25,750.00 $25,750.00 $10,550.00 $9,250.00 $71,300.00

* Contributions (taxes) are not paid on wages in excess of $34,300.00 for each employee.