Futa Tax Increase for 2012

States that have borrowed money from the federal government to pay their obligations in unemployment and have not yet repaid the money have caused the employers in their states to pay a surcharge. This surcharge was in effect last year for 22 states, this year it's in effect for only 18 states BUT the amount of the surcharge is much higher since it's the second year or even third year for some states. The tax is called Futa Credit reductions. States with an credit reduction of 0.3% (additional $21.00 per ee) include AZ, DE and VT. States with a 0.6% credit reduction i.e. for each employee who earned $7000. per year an additional $42.00 per employee will be owed in the following states, AK, CA, CT, FL, GA, KY, MO, NV, NJ, NY, NC, OH, RI,  and WI. Indiana will have to pay 0.9% since they haven't paid back in 4 years.