20 CFR § 606.2 - Total credits allowable.

---
identifier: "/us/cfr/t20/s606.2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "20 CFR § 606.2 - Total credits allowable."
title_number: 20
title_name: "Employees' Benefits"
section_number: "606.2"
section_name: "Total credits allowable."
chapter_name: "EMPLOYMENT AND TRAINING ADMINISTRATION, DEPARTMENT OF LABOR"
part_number: "606"
part_name: "TAX CREDITS UNDER THE FEDERAL UNEMPLOYMENT TAX ACT; ADVANCES UNDER TITLE XII OF THE SOCIAL SECURITY ACT"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 1102; 42 U.S.C. 1322(b)(2)(C); 26 U.S.C. 7805(a); Secretary's Order No. 3-2007, April 3, 2007 (72 FR 15907)."
regulatory_source: "53 FR 37429, Sept. 26, 1988, unless otherwise noted."
cfr_part: "606"
---


# 606.2 Total credits allowable.

The total credits allowed to an employer subject to the tax imposed by section 3301 of the Federal Unemployment Tax Act shall not exceed 5.4 percent with respect to taxable years beginning after December 31, 1984.