Alaska Paystub Requirements 2024
Before providing pay stubs to employees and contractors in Alaska, it's crucial to have a deep understanding of the state's laws and regulations regarding paystub requirements.
This comprehensive guide aims to elucidate the essential legal frameworks and responsibilities applicable to employers in Alaska, ensuring compliance and smooth payroll operations.
Pay stub regulations in Alaska
1. Are pay stubs required by law in Alaska?
Employers in Alaska must provide their employees with pay stubs every payday.
2. How often do you need a pay stub in Alaska?
You will need to pay your employees monthly or semimonthly. As pay stubs are mandatory in Alaska, you will need to provide pay stubs every time you pay your employees.
3. What information can be included on a pay stub in Alaska?
The following information must be included in employee pay stubs:
- Employee information such as name, last 4 digits of social security number, and address
- Employer information such as name, employer identification number (EIN), and address
- The number of regular and overtime hours worked
- Rate of pay
- Gross wages
- Deductions for taxes
- Other deductions authorized by employees
- Beginning and ending dates of the pay period
4. Does Alaska have a state income tax?
No. Alaska does not have a state income tax.
5. Are there any other taxes applicable to Alaska?
Yes. Employers need to withhold state unemployment insurance tax from employee’s pay in addition to federal taxes.
Information needed to generate pay stubs
To provide employees with accurate pay stubs, the information below is required.
- Employee’s SUI applicable status
Have all the information handy?
With SecurePayStubs, you can calculate accurate federal and Alaska state taxes for your employees and generate pay stubs securely.
Alaska wage and hour laws
Employers are required to provide minimum wage, overtime pay, meal and rest breaks, and paid time-off benefits to all non-exempt employees.
The law covers the following:
Minimum wage
The state of Alaska has set a minimum wage for employees and employers are required to pay at least the minimum wage set.
For 2024, the minimum wage to be paid for employees in Alaska is $11.73 per hour.
Overtime pay
Employers in Alaska are required to pay 1.5 times the regular pay rate for the employees who work more than 40 hours per week. Furthermore, if an employee works more than 8 hours in a day, you will need to pay the overtime wage, regardless of total hours worked in a week.
Meal breaks
Alaska doesn’t have laws to regulate employee meal breaks.
Rest breaks
Alaska doesn’t have a law for rest breaks. So, employers are required to follow FLSA. According to FLSA, employers are not required to provide lunch or coffee breaks during work hours.
Paid time off and leave
Employers in Alaska need to provide required and non-required leaves for their employees.
| Required leaves | Non-required leaves |
|---|---|
| Family and medical leave of up to 12 weeks of leave in a year | Sick leave |
| Jury leave | Vacation leave |
| Voting time leave | Holiday leave |
| Witness leave | Bereavement leave |
| Military leave |
Alaska State payroll taxes 2024
In Alaska, employers are only required to manage one state payroll tax which is,
- Alaska State Unemployment Insurance tax (UI).
Alaska State Unemployment Insurance tax (UI)
In Alaska, the State Unemployment Tax Act (SUTA) serves as a mechanism to support individuals facing unemployment by providing essential unemployment benefits. This legislation enables the state to collect the required funds to administer unemployment insurance benefits to qualified individuals during times of unemployment.
In 2024, SUTA rates in Alaska range from 1.50% to 5.90%.
The taxable wage base for the year 2024 is $49,700.
Additionally, employees are subject to a contribution rate of 0.50% in 2024.
Alaska payroll tax filing
- Report of New hire Employees
- Report of Independent Contractors
- Alaska quarterly contribution report(Form TQ01C)
Report of New hire Employees
Under Alaska State law, all employers must report each new hire and rehire to the Child Support Enforcement Division (CSED) within 20 days of employment. The only exemption to this rule applies to employers with staff working in multiple states who report to another state. Employers who opt for electronic filing of new hire reports are required to submit a report every 12 to 16 days.
Report of Independent Contractors
Under Alaska state law, employers are not obligated to report newly hired independent contractors.
How to report employees new hire in Alaska?
Alaska offers employers various options for submitting new hire information, ensuring flexibility in the reporting process.
| Online | Fax | |
|---|---|---|
| Employees New Hire Report | Address Information: 550 W 7th Ave. Suite 310 Anchorage, AK 99501 Direct Phone: 907-269-6900 Public Phone:907-269-6089 Email:cssdemployerhotline@alaska.gov | Fax 1: 907-787-3197 |
Alaska quarterly contribution report(Form TQ01C)
Employers in Alaska receive quarterly contribution reports via mail. It's important to note that timely filing is mandatory even if the pre-printed form is not received. Reports and wage schedules must be submitted by the last day of the month following the end of the calendar quarter. Even if no wages were paid during a quarter, quarterly reports are still required as long as the account remains active. The official form for reporting is the Alaska Quarterly Contribution Report Form TQ01C.
| Reporting Period | Due Date |
|---|---|
| Quarter 1 | April 30 |
| Quarter 2 | July 31 |
| Quarter 3 | October 31 |
| Quarter 4 | January 31 |
Failure to file reports and submit contribution payments promptly can result in interest and penalties. The computation of interest and penalties varies between contributory and reimbursable employers.
Processing payroll manually is complex
As a business owner who runs payroll manually, you will need to keep up with ever-changing payroll laws. You already have a lot on your plate and you might not want to get into the complex process of pay stub generation.
Utilize SecurePayStubs to swiftly generate pay stubs for both your employees and independent contractors, ensuring precise calculations of federal and Alaska state taxes. With this efficient paystub generator, you can produce accurate pay stubs in less than 2 minutes. Enter the basic employee and employer information, select a pay stub template for free, and let SecurePayStubs calculate the applicable payroll taxes accurately.
Spend less time generating pay stubs and more on your business growth.
This article has been updated from its original publication date of April 9, 2024.