Annual evaluation of unemployment tax rate is done every year and these witness modifications every time. The new rates are brought forth into picture in December or January. This rate is also called the Unemployment Insurance Rate, or the SUI. QuickBooks gives its users the authority to update state unemployment insurance rate in QuickBooks. To know more, go through the full length of this article.

Walkthrough to Update SUI Rate in QuickBooks

Abide by the following steps in the same order.

  • Run the internet browser, then, open QuickBooks Online. Now, login to the account.
  • Now, go to Settings, and then Payroll settings.
  • Choose the state, then go for the Edit option.
  • Next, visit the State Unemployment Insurance (SUI) Setup option, then Change or Add New Rate option.
  • Now, include the new rate and the date of effect.
  • Here, the user can add surcharge as well.
  • Enter the new rate and the day from which it will be effective.
  • Now, click on Save.

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