401k deductions subject to FUTA/SUTA?
Posted 07 April 2009 - 03:35 PM
Posted 07 April 2009 - 07:54 PM
are they? I know they are exempt from federal with holding but not from FICA. What about FUTA and SUTA? I don't think they are.
Elective deferrals are included in FUTA wages (IRC § 3306(r)(1)(A)) just as they are in FICA wages (IRC § 31.3121(v)(1)(A)).
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Posted 07 April 2009 - 10:39 PM