This page (revision-4) was last changed on 26-Nov-2021 10:22 by jmyers

This page was created on 26-Nov-2021 10:22 by jmyers

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Symmetry Set Up - MS
Symmetry Set Up - MS

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[{TableOfContents }]
!!!MISSISSIPPI STATE TAX CALCULATION
[{InsertPage page='Symmetry General State Tax Calculation Set Up' section=1}]
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!!Mississippi State Tax Calculation
On [IPUTR], there is a list of applicable taxes to be calculated for State of Mississippi:
|28-000-0000-SIT-000|Mississippi State Tax
|28-000-0000-ER_SUTA-000|Mississippi State Unemployment Tax
|28-000-0000-ER_SUTA_SC-020|Mississippi Workforce Training Enhancement
\\
----
!MS – IPRLU Set Up
The Miscellaneous Tax Parameters must be set up for the following Miscellaneous Identifiers
|FILINGSTATUS|Mandatory\\'S'-single, 'M1'-married one spouse working, or 'M2'-married both spouses working, or 'H'-head of household.
|TOTALEXEMPTIONAMT|Optional\\Enter the total exemption amount (in dollars).
\\ \\
----
!MN – ER SUTA Rate
ER SUTA may be bypassed on [IPUTR] with ‘Do not Calculate’ or [IPRLU] ‘SUI ER Method’ = ‘Do not Calculate’.
At line 21 removed 28 lines
There are two options to set up the ER SUTA rate by state:
#IPUTR
#*Enter the SUTA ER rate that is given by the government on the Override Tax Rate field.
#*This rate is applicable for the entire company within the State of Mississippi.
#IDGV
#*If there is a specific rate given by the government for a different State Registration #, then enter the rate on [IDGV] by ‘Reg Type’; this overrides the [IPUTR] rate.
\\ \\
----
!MS – Special Taxes
In order to calculate the following taxes, set up [IPPC] for these PC Usages:
||Usage||Description
|7360|MS-Workforce Training Enhancement
\\
;IPUTR - Employer SUTA Surcharge Tax:Mississippi Workforce Training Enhancement - The rate is assigned by the state to the employer, enter this rate to [IPUTR] Override Tax Rate. By default, the tax will be calculated unless the [IPUTR] ‘Do Not Calculate’ toggle is checked or IPRLU ‘SUI ER Method’ = ‘Do not Calculate’
\\ \\
----
!MS – UPCALC Example
[Symmetry Set Up - MS.jpg]\\ \\
[IPRLU Miscellaneous Tab|IPRLU#MiscellaneousTab]\\ \\
Work GEO: 28-001-679358 Washington, Mississippi
\\
Pay# 5
|PC 8046 Res SIT Earn|= 2920.24
|PC 8056 Res SSP Earn|= 893.25
|PC 6045 Res SIT|= 136.00
|PC 6047 Res SIT Sup|= 45.00
%%information Note: [IPUTP] STATE_ROUNDING is set with value = DEFAULT or NO; the State tax results are always rounded.%%
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|PC 6703 SUI ER Contr|= 4097.06 x IPUTR 28-000-0000-ER_SUTA-000 Overridden Rate 0.054000
| |= 221.24
|PC 6560 MS-Workforce Training|= 4097.06 x IPUTR 28-000-0000-ER_SUTA_SC-020 Overridden Rate 0.015
| |= 6.15
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----
![Notes|Edit:Internal.Symmetry Set Up - MS]
[{InsertPage page='Internal.Symmetry Set Up - MS' default='Click to create a new notes page'}]
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27 MS – Mississippi
On IPUTR, there is a list of applicable Taxes to be calculated for State of Mississippi:
28-000-0000-SIT-000 Mississippi State Tax
28-000-0000-ER_SUTA-000 Mississippi State Unemployment Tax
28-000-0000-ER_SUTA_SC-020 Mississippi Workforce Training Enhancement
27.1 MS – IPRLU Set Up
- The Miscellaneous Tax Parameters must be set up for the following Miscellaneous Identifiers
FILINGSTATUS - Mandatory
- 'S'-single, 'M1'-married one spouse working, or 'M2'-married both spouses working, or 'H'-head of household.
TOTALEXEMPTIONAMT - Optional, enter the total exemption amount (in dollars).
27.2 MS – ER SUTA Rate
User may bypass ER SUTA on IPUTR with ‘Do not Calculate’ or IPRLU ‘SUI ER Method’ = ‘Do not Calculate’.
There are 2 options to set up ER SUTA Rate by State:
(1) IPUTR - enter the SUTA ER Rate that is given by the Government on the Overridden Rate field
- this rate is applicable for the entire company for State of Mississippi
(2) IDGV - if there is a specific rate given by the government for different State Registration #,
- then enter on IDGV by ‘Reg Type’, this overrides the IPUTR Rate
27.3 MS – Special Taxes
If user wants to calculate the following taxes, please set up IPPC for these PC Usages:
Usage Description
7360 MS-Workforce Training Enhancement
IPUTR - Employer SUTA Surcharge Tax
Mississippi Workforce Training Enhancement
- the rate is assigned by the State to the Employer, please enter this rate to IPUTR Override Tax Rate
- by default, the tax will be calculated unless IPUTR ‘Do Not Calculate’ Toggle is checked or IPRLU ‘SUI ER Method’ = ‘Do not Calculate’
27.4 MS – UPCALC Example
Work GEO: 28-001-679358 Washington, Mississippi
Pay# 5 PC 8046 Res SIT Earn = 2920.24
PC 8056 Res SSP Earn = 893.25
PC 6045 Res SIT = 136.00
PC 6047 Res SIT Sup = 45.00
Note: IPUTP STATE_ROUNDING is set with value = DEFAULT or NO, the State tax results are always Rounded
PC 6703 SUI ER Contr = 4097.06 x IPUTR 28-000-0000-ER_SUTA-000 Overridden Rate 0.054000
= 221.24
PC 6560 MS-Workforce Training = 4097.06 x IPUTR 28-000-0000-ER_SUTA_SC-020 Overridden Rate 0.015
= 6.15
This page (revision-4) was last changed on 26-Nov-2021 10:22 by jmyersTop