Federal Unemployment Tax Act

E63986

United States federal law payroll tax law

The Federal Unemployment Tax Act is a U.S. federal law that imposes a payroll tax on employers to fund state workforce agencies and provide unemployment compensation to eligible workers who lose their jobs.

Jump to: Surface forms Statements Referenced by

Observed surface forms (2)

Surface form	Occurrences
FUTA	2
Federal Unemployment Tax Act provisions	1

Statements (46)

Predicate	Object
instanceOf	United States federal law ⓘ payroll tax law ⓘ
abbreviation	Federal Unemployment Tax Act self-linksurface differs ⓘ surface form: FUTA
administeredBy	Internal Revenue Service ⓘ
allows	credits for state unemployment taxes paid ⓘ
appliesIn	District of Columbia ⓘ U.S. territories that participate in FUTA system ⓘ all U.S. states ⓘ
appliesTo	employers ⓘ most private-sector employers ⓘ
beneficiaries	eligible unemployed workers ⓘ
codifiedIn	26 U.S.C. §§ 3301–3311 ⓘ Title 26 of the United States Code ⓘ
complianceEnforcedBy	Internal Revenue Service ⓘ
complianceRequirement	employers must file annual FUTA tax returns ⓘ
country	United States of America ⓘ surface form: United States
effectiveDate	1939 ⓘ
enactedBy	United States Congress ⓘ
exempts	certain governmental employers ⓘ some nonprofit organizations ⓘ
funds	federal unemployment trust fund ⓘ
historicalContext	New Deal–era labor and social welfare legislation ⓘ
imposesTaxOn	employers ⓘ
isPartOf	U.S. federal tax system ⓘ
jurisdiction	United States government ⓘ surface form: federal government of the United States
legalCitation	Federal Unemployment Tax Act self-linksurface differs ⓘ surface form: FUTA
objective	encourage states to operate unemployment insurance programs ⓘ stabilize income for workers during periods of unemployment ⓘ
penaltyForNoncompliance	civil penalties and interest on unpaid tax ⓘ potential criminal sanctions for willful evasion ⓘ
policyArea	labor and employment law ⓘ social insurance ⓘ tax law ⓘ
purpose	fund state workforce agencies ⓘ provide unemployment compensation ⓘ
regulates	federal unemployment tax rates ⓘ
relatedTo	Social Security Act of 1935 ⓘ surface form: Social Security Act State unemployment insurance laws ⓘ
returnForm	Form 940 ⓘ surface form: IRS Form 940
revenueUse	administration of state unemployment insurance programs ⓘ payment of extended unemployment benefits ⓘ
subjectToChangeBy	subsequent federal legislation ⓘ
supportsProgram	joint federal–state unemployment insurance system ⓘ
taxBase	wages paid to employees ⓘ
taxBaseLimit	federal wage base per employee ⓘ
taxType	payroll tax ⓘ

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Federal Unemployment Tax Act → abbreviation → Federal Unemployment Tax Act self-linksurface differs ⓘ

this entity surface form: FUTA

Subtitle C – Employment Taxes → contains → Federal Unemployment Tax Act ⓘ

this entity surface form: Federal Unemployment Tax Act provisions

Federal Unemployment Tax Act → legalCitation → Federal Unemployment Tax Act self-linksurface differs ⓘ

this entity surface form: FUTA

Title IX of the Social Security Act → relatedTo → Federal Unemployment Tax Act ⓘ