Tennessee SUI Wage Base to Remain Unchanged for 2017.
Tennessee Dept of Revenue announced that the State’s Unemployment Trust Fund did not exceed 1 billion dollars and thus the wage base for 2017 for determining SUI taxable income will remain at $8,000. As of late December, Tennessee was the only state in the union unable to announce their wage base for SUI taxes for 2017.
If the Trust Fund had exceeded 1 billion dollars by December 31, 2016, employers would have seen a SUI tax reduction as the wage base would have been reduced from $8,000 to $7,000.
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