Contribution rate for 2024

Welcome to the Community space, @ALS4.

Allow me to provide some insights to assist you with your concern regarding changing of contribution rate in your account for the 2025 Payroll in QuickBooks.

When your SUI rate changes, it is essential to update it in your payroll system to ensure your SUI tax liability remains accurate. States usually issue updated SUI rate notices at the end of the year or the beginning of the new year. Once you receive your new SUI rate, you can proceed with the update.

Please be aware that the effective date for the new rate varies by state. In most states, it is January 1st, whereas in Tennessee, Vermont, and New Jersey, it is July 1st.

QuickBooks will not allow you to use the new rate or date before the specified effective date. If you encounter issues in changing the rate for the current year, please send your notice to us, and we will update the rate on your behalf.

For more comprehensive instructions, please refer to this article: Update your State Unemployment Insurance (SUI) rate.

For more detailed guidance, please refer to this article: Update your State Unemployment Insurance (SUI) rate.

Additionally, we recommend reviewing these articles to assist you in finalizing this year's payroll and ensuring that your data remains accurate within the program:

• Year-end checklist for QuickBooks Online Payroll.
• Run payroll reports

You can always us here in the Community if you have additional questions regarding managing your contribution in QuickBooks Online Payroll. Take the best care always and have a wonderful weekend ahead, @ALS4!