• Tennessee - TCAD How Much Can I Pay?

    For questions, please contact Morning Sun Financial Services at 1-844-450-5444
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  • The following table shows the approximate hourly cost to you to pay an employee. The "cost to you" is the amount that will come out of your allocation. The "cost to you" includes employer taxes and worker's compensation insurance costs that Morning Sun will make on your behalf. The amount of those taxes is broken down at the bottom of this page.

      X 1.1095 =  
    Employee Wage   Taxes/Worker's Comp   Cost to You

  • Chore

    Employee Wage Cost To You  
    $20.00 $22.19  
    $20.50 $22.75  
    $21.00 $23.30  
    $21.50 $23.86  
    $22.00 $24.41  
    $22.50 $24.97  
    $23.00 $25.52  
    $23.50 $26.08  
    $24.00 $26.63  
    $24.50 $27.19  
    $25.00 $27.74  
    $25.50 $28.30  
    $25.61 $28.42 MAX

  • Homemaker & Personal Care

    Employee Wage Cost To You  
    $20.00 $22.19  
    $20.50 $22.75  
    $21.00 $23.30  
    $21.50 $23.86  
    $22.00 $24.41  
    $22.50 $24.97  
    $23.00 $25.52  
    $23.50 $26.08  
    $24.00 $26.63  
    $24.50 $27.19  
    $25.00 $27.74  
    $25.50 $28.30  
    $26.00 $28.85  
    $26.13 $29.00 MAX

  • Respite

    Employee Wage Cost To You  
    $22.00 $24.41  
    $22.50 $24.97  
    $23.00 $25.52  
    $23.50 $26.08  
    $24.00 $26.63  
    $24.50 $27.19  
    $25.00 $27.74  
    $25.50 $28.30  
    $25.82 $28.65 MAX 

  • Transportation

    Employee Wage Cost To You  
    $20.00 $22.19  

  • Total Employer Contributions Include the Following:

    FICA (Social Security) 6.20%
    Medicare 1.45%
    FUTA 0.60%
    SUTA 2.70%
    Total Cost 10.95%

     

    Please Note:

    The amounts in the table above are examples only. You are free to pay your employees the hourly wage you want, as long as the employee is paid at least $15.00 per hour and is not paid more than the maximum rate allowed.

    If the wage is not listed above just take the age you want to pay and multiply the amount by 1.1095. This will give you the approximate "cost to you".

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