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Companies pay for unemployment insurance as part of payroll taxes. When an employee files for unemployment, the state contacts the employer so you can validate or contest their claim. If a large number of employees successfully file for and receive unemployment benefits, it can increase your tax burden.
South Carolina State Unemployment Insurance (SUI) South Carolina SUI Tax Details Taxable Wage Base$14,000 Employee Subject to Tax No Rates for Experienced Employers 0.06% - 5.46% Rates for New Employers 0.41%3 more rows Jan 17, 2025
If you received unemployment compensation, you should receive Form 1099-G, Certain Government Payments showing the amount you were paid and any federal income tax you elected to have withheld.