What is the Utah state tax withholding rate for employers?

The Utah state tax withholding rate for employers depends on various factors. As of 2022, the standard withholding rate is 5.00%, which applies to most wages and non-wage compensation. However, there are exceptions and alternatives available. For employees who certify their eligibility, a lower 4.95% withholding rate is applicable. Utah employers are also required to withhold additional taxes for various purposes, such as the 1.45% Medicare tax, 2.35% additional Medicare tax for high-income earners, and 0.9% Utah Transit Authority (UTA) withholding tax. Employers must accurately calculate and withhold the appropriate taxes based on employee salary, exemptions, deductions, and applicable tax rates. It is crucial for employers to stay updated with Utah State Tax Commission guidelines and consult with tax professionals to ensure compliance.