How Is FUTA Tax Calculated? If you’re a paystub employer, you might be wondering how FUTA tax works. Basically, it’s a tax that employers pay on the wages of employees. This tax is due a month after the end of each quarter and is not withheld from a worker’s paycheck. Thankfully, it isn’t difficult to calculate. To figure it out, consider this example: you’ve just paid an employee $18,500 and now you want to know how much you have to pay. Your taxable amount is $18,500. https://thewebmagazine.org/how-is-futa-tax-calculated/ #Business #FUTA #Tax #employee #work