Select Accounts Payroll Limitations for Owners and Officers
[Pages:2]Edition Date: 10/9/2023
Payroll Limitation Guide for Owners and Officers
State
Alabama Alaska Arizona
Policy Effective As of Date
3/1/2023
Executive Officer Annual Minimum
$54,600
1/1/2023 1/1/2023
$31,200 $62,400
Executive Officer Annual Maximum
Partner
Annual
Limitation
LLC Member Annual Limitation
Sole Proprietor Annual Limitation
$213,200
$119,600 $249,600
Minimum: Maximum:
$53,400
$38,800 $7,200
$61,932
Minimum: Maximum:
Minimum: Maximum:
$53,400 $213,200
$38,800 $7,200 Minimum:
$61,932 Maximum:
$53,400
$38,800 $7,200
$61,932
Arkansas California
7/1/2023 9/1/2023
$52,000 $59,800
$202,800 $154,700
Minimum: Maximum:
$51,000 $59,800 $154,700
Flat: Minimum: Maximum:
$51,100
$51,100
$59,800 Minimum: $59,800
$154,700 Maximum: $154,700
Colorado
1/1/2023
Flat: $70,200
Flat:
Connecticut
1/1/2023
$78,000
Delaware
12/1/2022
$64,168
Dist of Columbia 11/1/2023
Florida
1/1/2023 Construction:
All Other:
$88,400 $28,600 Construction:
$57,200 All Other:
Georgia
3/1/2023
$62,400
$70,200 $156,000
$257,400
$358,800 $171,600 $171,600
$254,800
Flat:
Minimum: Maximum:
$70,200
Flat:
$78,000 Minimum:
Maximum:
$64,168 Minimum:
$257,400 Maximum:
$89,100
Flat:
$57,100 Construction
Min/Max
All Other
$63,200 Min/MMaixn:imum: Maximum:
$70,200 $78,000 $156,000
$64,168 $257,400
$89,100
$28,000/ $171,600 $57,200/ $171,600
$62,400 $254,800
Flat: $70,200 $78,000
Minimum: Maximum:
$64,168 $257,400
$89,100 $57,100
$63,200
Hawaii
Idaho
Illinois Indiana
1/1/2023
1/1/2023
1/1/2023 1/1/2023
$52,000
$46,800
$67,600 $46,800
$208,000
$51,600
$187,200
$23,600
$270,400 $223,600
Minimum: Maximum:
$67,700 $46,800 $223,600
Minimum: Maximum: Minimum: Maximum:
Flat: Minimum: Maximum:
$52,000 $208,000
$46,800 $187,200
$67,700 $46,800 $223,600
$51,600
$23,600
$67,700 Minimum: $46,800 Maximum: $223,600
Iowa
Kansas Kentucky Louisiana
1/1/2023
1/1/2023 1/1/2023 5/1/2023
$26,000
$52,000 $52,000 $54,600
$218,400
$213,200 $202,800 $161,200
Minimum: Maximum:
$26,000 $218,400
$53,000 $50,800 $53,400
Minimum: Maximum:
Flat: Flat: Minimum: Maximum:
$26,000 $218,400
$53,000 $50,800 $54,600 $161,200
Minimum: $26,000 Maximum: $218,400
$53,000 $50,800 $53,400
Maine Maryland
4/1/2023 1/1/2023
Massachusetts 10/1/2023
Michigan
1/1/2024
Minnesota
1/1/2023
$54,600 $70,200
$15,080 $31,616
$66,924
$213,200 $280,800
$53,900 Flat: $69,600
$74,360 $124,800
$65,400 $24,900
$267,696 Minimum: $66,924 Maximum: $267,696
Flat: Minimum: Maximum:
Flat: Minimum: Maximum:
Minimum: Maximum:
$53,900 $70,200 $280,800
$65,400 $31,616 $124,800
$66,924 $267,696
$53,900 Flat: $69,600
$65,400 $31,616
Minimum: $66,924 Maximum: $267,696
Mississippi Missouri
Montana
3/1/2023 1/1/2023
7/1/2023
$44,200 Flat: $51,700
$10,400
Flat:
$145,600 $51,700 $80,652
Flat: Minimum:
Maximum:
$43,000
Flat:
$51,700
Flat:
$10,800 Manager-
Managed
$80,652 Member-
Managed
Nebraska Nevada
New Hampshire New Jersey
2/1/2023 3/1/2023
1/1/2024 Corporation
Uninc Assoc
1/1/2023
$52,000 $6,000
$36,400 Corporation $18,200 Uninc Assoc $41,080
New Mexico New York
1/1/2023
$52,000
10/1/2023 Construction:
*eff 7/1/2023 Non-Profi Uninc Assoc
All Other:
$45,500 Construction:
$23,400 or Non-Profi the actual Uninc Assoc payroll whichever is greater
$45,500 All Other:
$202,800
$36,000 Subcontractors
All Other
$286,000 $145,600 $163,800
Minimum: Maximum:
$202,800
$89,344* Construction
Min/Max
$23,400 or the actual payroll whichever is greater
All Other Min/Max
$51,100
Flat:
$6,000 $3,600 $36,000
$41,080 $163,800
Minimum: Maximum: Minimum: Maximum: Minimum: Maximum:
$51,300 Minimum:
Maximum:
$45,500 Construction
$89,344*
Min/Max
$45,500 All Other
$137,800
Min/Max
$137,800
$43,000 $51,700 $10,400 $80,652
Flat: Minimum:
$43,000 $51,700 $10,800
$10,800 Maximum: $80,652 $80,652
$51,100
$51,100
$6,000 Subcontractors $36,000 All Other $36,400 $286,000 $41,080 Minimum: $163,800 Maximum:
$6,000 $3,600 $36,000
$41,080 $163,800
$52,000
$202,800
$45,500 Construction
$89,344*
Min/Max
$45,500 All Other
$137,800
Min/Max
$51,300
$45,500 $89,344* $45,500 $137,800
North Carolina
Oklahoma Oregon
4/1/2023
1/1/2023 1/1/2023
$57,200 $49,400 $70,200
$114,400 $197,600 $275,600
$55,900 $49,600 $68,900
Flat: $55,900 Flat: $49,600 Flat: $68,900
$55,900 $49,600 $68,900
The information provided is proprietary and confidential and should not be distributed to third parties.
Edition Date: 10/9/2023
Payroll Limitation Guide for Owners and Officers
Pennsylvania
4/1/2023
$62,600
Rhode Island
8/1/2023
$62,400
South Carolina South Dakota
4/1/2023 7/1/2023
$26,000 $49,400
Tennessee
3/1/2023 Construction: $28,600 Construction:
Texas
All Other:
7/1/2023*
$57,200 All Other: $7,800*
Utah Vermont
Virginia
1/1/2024 4/1/2023
4/1/2023
$65,000 $28,600
$33,800
West Virginia Wisconsin
11/1/2023 10/1/2023
$52,000 $19,448
$156,000 Minimum: $62,660 Minimum: Maximum: $156,000 Maximum:
$244,400
Not Covered
$202,800 $202,800
$50,100 $50,700
$85,800 $234,000
Construction Min/Max
All Other
$28,600 $85,700 $58,300
Minimum: Maximum:
Flat: Minimum: Maximum:
Construction Min/Max
All Other
$62,400* Effective
10/1/2023
$254,800 $223,600
$135,200
$76,300 Minimum:
$64,000 $27,800
$67,100
Maximum: Flat:
Minimum: Maximum:
LLC Members
LLC Managers Min/Max
$208,000 $97,292
$52,500
Flat:
$64,844
Flat:
$62,600 Minimum: $62,600 $156,000 Maximum: $156,000
$62,400 $244,400
$50,100 $49,400 $202,800 $28,600 $85,700 $58,300
Not Covered
$50,100 $50,700
Construction Min/Max
All Other
$28,600 $85,700 $58,300
$7,800* Effective
10/1/2023
$62,400* $64,000 $28,600 $223,600 $67,100 $33,800 $135,200 $52,500 $64,844
$76,300
$64,000 $27,800 $67,100
$52,500 $64,844
Refer to state Workers Compensation laws and administrative regulations for complete details on statutory provisions regarding determination of payroll for executive officers, partners, sole proprietors, members/managers of limited liability companies or other individuals. Annualized figures may be subject to weekly or monthly minimums or maximums.
The information provided is proprietary and confidential and should not be distributed to third parties.
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