What is a FUTA Tax Rate? First, you should know that the futa tax rate 2022 is 6.2%. It is calculated on a quarterly basis and is due one month after the end of each quarter. There are a few different ways to calculate this rate. The best way is to consult a tax expert for further information. You should also know that the employer is responsible for paying the tax. If your state is a credit reduction state, you might not get full credit against your FUTA tax rate. That means you will be paying more unemployment taxes until the loan is repaid. https://fishyfacts4u.com/what-is-a-futa-tax-rate/ #Business #Futa #taxrate #fullcredit #taxes