A new law has changed the Florida reemployment tax rates for 2021. The new tax rates will be much lower for most Florida businesses and will apply to all wages an employer pays in 2021.
You can go to the Florida Department of Revenue’s website now to see your new reemployment tax rate for 2021. For instructions on how to view your tax rate online, click here. The Department of Revenue will also mail you a revised Reemployment Tax Rate Notice (Form RT-20) that reflects your new 2021 rate. This replaces the tax rate notice you received from the Department of Revenue in December 2020.
The deadline for paying your first quarter reemployment tax has been extended to May 31, 2021, but please remember that your wage reports (RT-6) for the first quarter of 2021 are still due by April 30, 2021 (this Friday!).
The Department of Revenue will use your first quarter wages and new tax rate to calculate how much reemployment tax you owe for the first quarter and will send you a Notice of Amount Due.
If you normally mail your wage reports and payments to the Department of Revenue, you must submit your first quarter report by April 30, 2021. Make sure your payment is postmarked by Tuesday, June 1, 2021 (May 31 is a holiday) and include the coupon attached to the Notice of Amount Due when mailing the payment.
If you pay online, you must submit your payment no later than 5 p.m. ET on Friday, May 28, 2021 and indicate a debit date of June 1 (May 31 is a holiday). Payments may be scheduled up to 30 days in the future; therefore, employers may need to submit their reports, due by April 30, 2021, and initiate payment separately. Click here for the Department of Revenue’s File and Pay website.
If you have already filed and paid your first quarter wage report using your old tax rate, you don’t need to file a corrected report. The Department of Revenue will recompute the tax due using your new tax rate and, if applicable, issue you a refund.
For more information, click here.