Navigating the intricacies of payroll—be it deductions, taxes, or benefits—is a crucial task for any HR professional or payroll manager, oftengo ...
Idaho Salary Paycheck Calculator
Written by: Daniel Eisner
Daniel Eisner is a payroll specialist with over a decade of practical experience in senior accounting positions.
Updated on July 21, 2024
Idaho Salary Paycheck Calculator
- What Are Payroll Taxes?
- Idaho Payroll Taxes
- Paying Payroll Taxes
- Using a Payroll Tax Service
Use Idaho Paycheck Calculator to estimate net or “take home” pay for salaried employees. Simply input salary details, benefits and deductions, and any other necessary information as prompted below, and let our tool handle the rest.
State
Where are you employed?
Salary
How much do you get paid annual?
Salary frequency
How often are you paid?
Marital status
What is your federal filing status?
Dependent(s)
Children under 17 and students under 24
All other dependents
Employee Location
Where do you live?
Benefits and Deductions
Choose a calculation method:
Fringe Benefits
Choose a calculation method:
Gross Pay
$0
Income taxes
0%
$0
Federal Income Tax
0%
$0
Alabama State Tax
0%
$0
Local Tax
0%
$0
FICA taxes
0%
$0
Social Security
Medicare
0%
$0
Additional Medicare
0%
$0
Pre tax
0%
$0
Post tax
0%
$0
What Are Payroll Taxes?
Payroll taxes withheld from employee paychecks fund Social Security and Medicare, to which the employer also makes payroll tax contributions.
The Social Security tax is paid by both the employee and the employer at a rate of 6.2% of the employee’s wages. The Medicare tax is also paid by both employee and employer, but at a rate of 1.45%.
Employers are also required to pay taxes under the Federal Unemployment Tax Act (FUTA) and the State Unemployment Tax Act (SUTA). The employer must also collect federal income tax from employee paychecks, and pay that amount to the IRS. The rate is determined by the employee’s tax bracket.
Each state also has specific state payroll taxes that must be withheld and paid.
Idaho Payroll Taxes
There are two Idaho employer payroll taxes to keep track of, in addition to Social Security and Medicare.
Employers pay into a state unemployment tax account (SUTA), while employees pay state income tax.
SUTA
Under SUTA, companies must allocate a portion of payroll taxes to the state’s unemployment program, which pays out benefits to the unemployed until they find a new job or the predetermined benefit runs out.
In Idaho, SUTA taxes are paid on the first $46,500 of annual employee income. Rates are determined by the difference between SUTA taxes paid and unemployment insurance paid by the employer.
The rate for new employers is 1% and you can find more detail at the Idaho Department of Labor.
State Income Tax
Idaho’s state income taxes range from 1% to 6.5% and are based on income, as detailed on the State Tax Commission website.
Paying Payroll Taxes
Just as you need an EIN to pay federal payroll taxes, in Idaho, you’ll need to register for state withholdings with the Idaho State Tax Commission, for SUTA taxes at the Department of Labor.
In Idaho, the process for tax deposits and payroll taxes is simple. To pay withheld income taxes, log in to the Tax Commission’s taxpayer access point. Payments may be monthly, semi-monthly, quarterly, or annually, depending on the total withheld.
To pay your quarterly SUTA taxes, just sign into the Department of Labor’s employer portal.
Your municipality may also require certain tax registrations, so be sure to check with your local government for requirements.
Using a Payroll Tax Service
In Idaho, payroll and payroll taxes come with countless laws and restrictions, which is why many business owners turn to a payroll service provider to ensure their business remains fully compliant. It’s usually less expensive than creating a new staff position for managing payroll, and relatively easy.
You’ll just send over your digital timesheets and relevant information and the service provider will take care of the calculations, payments and taxes, freeing you up to focus on growing your business.
We highly recommend hiring a payroll service — as a busy entrepreneur, you won’t regret it!
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