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GA SUI Required for a single member LLC company that has filed for Sub S status with the IRS?

I recently created a single member LLC and filed form 2553 with the IRS to be classified as a Sub-S for tax purposes.   I am the founder and only employee of the company with no plans to expand.  In the state of Georgia, do I need to pay State Unemployment Insurance (SUI) assuming the IRS grants my request?   I have my payroll processed via ADP and this seems to be a grey area that requires the expert opinion of an accountant familiar with GA code.   Please provide info to back up your answer.   Thanks!

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dev145
Employee Tax Expert

GA SUI Required for a single member LLC company that has filed for Sub S status with the IRS?

Hello G_Wheeler

 

In GA state, employers pays the cost of Unemployment Insurance. S-corp. is a separate entity and you will be the employee. So S-corp. will pay the SUI taxes. 

 

https://dol.georgia.gov/learn-about-unemployment-taxes-and-benefits#:~:text=In%20Georgia%2C%20employ....

 

Thanks for participating in TurboTax's Ask the Expert event today. I hope this information was helpful!

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2 Replies
dev145
Employee Tax Expert

GA SUI Required for a single member LLC company that has filed for Sub S status with the IRS?

Hello G_Wheeler

 

In GA state, employers pays the cost of Unemployment Insurance. S-corp. is a separate entity and you will be the employee. So S-corp. will pay the SUI taxes. 

 

https://dol.georgia.gov/learn-about-unemployment-taxes-and-benefits#:~:text=In%20Georgia%2C%20employ....

 

Thanks for participating in TurboTax's Ask the Expert event today. I hope this information was helpful!

GA SUI Required for a single member LLC company that has filed for Sub S status with the IRS?

Thanks for the response and the supporting details!

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