Wyoming (WY) – 2017

Wyoming

Minimum WageWyomingFederal
Minimum Wage$5.15$7.25
Minimum Cash Wage (Tipped Employee)$2.13$2.13
Maximum Tip Credit$3.02$5.12
Youth Minimum Wage$4.25$4.25
State Income TaxWyomingFederal
Wage WithholdingNone
Supplemental Wage / Bonus RateNone
Unemployment InsuranceWyomingFederal
Maximum 2017 Taxable Earnings (Insert Comment)$25,400 (Decrease from $25,500 in 2016)
Employee 2017 DeductionNone
Employer 2017 Tax Rates0.34 – 8.84% (Includes 0.20% INEFF/NC adjustment factor and 0.14% Employment Support Fund factor)
Standard 2017 New Employer RateIndustry Average (Includes 0.20% INEFF/NC adjustment factor and 0.14% Employment Support Fund factor)
Voluntary Contribution PermittedNo

Federal (FED) – 2017

Minimum WageFederal
Youth Minimum Wage$4.25
Maximum Tip Credit$5.12
Minimum Cash Wage (Tipped Employee)$2.13
Minimum Wage$7.25
FICA (MEDICARE)Federal
Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match)0.9%
Employee / Employer Tax Rate (Unchanged from 2016)1.45%
Maximum Taxable EarningsNo Limit
FICA (SOCIAL SECURITY)Federal
Employee / Employer Tax Rate (Unchanged from 2016)6.2%
Maximum Taxable Earnings (Increased from $118,500 in 2016)$127,200
FUTA (EMPLOYER-PAID)Federal
Normal Net Tax0.6%
Maximum Credit5.4%
Percent of Taxable Wages6.0%
Maximum Taxable Earnings$7,000
Health Savings AccountsFederal
Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2016)$1,000
Family Contribution Limit (Employee / Employer) (Unchanged from 2016)$6,750
Self-Only Contribution Limit (Employee / Employer) (Increased from $3,350 in 2016)$3,400
Supplemental Wage / Bonus RatesFederal
Pay over $1 Million (Unchanged from 2016)39.6%
Flat rate withholding method (Unchanged from 2016)25%

Wyoming State Resources

Need a Tax Form?

You can download some of the most common tax related forms here.