This page (revision-5) 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 - VT
Symmetry Set Up - VT

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At line 2 changed one line
!!!UTAH STATE TAX CALCULATION
!!!VERMOUNT STATE TAX CALCULATION
At line 46 added 18 lines
!!Vermont State Tax Calculation
On [IPUTR], there is a list of applicable taxes to be calculated for State of Vermont:
|50-000-0000-SIT-000|Vermont State Tax
|50-000-0000-ER_SUTA-000|Vermont State Unemployment Tax
|50-000-0000-ER_EHT-000|Vermont Catamount Healthcare Assessment Tax - Employer
\\
----
!VT – IPRLU Set Up
The Miscellaneous Tax Parameters must be set up for the following Miscellaneous Identifiers\\ \\
If these Identifiers do not exist, [UPCALC] will generate the default entries for the identifiers
||Miscellaneous Identifiers||Description
|FILINGSTATUS|Mandatory\\'S'-single, 'M'-married, 'MH'-married but w/h at higher single rate, 'CU'-civil union, or 'CUH'-civil union w/h at higher single.
|TOTALALLOWANCES|Optional\\Enter the total number of allowances
|NONRESPERCENTAGE|Optional\\Enter the nonresident percentage for Non-resident only
\\ \\
----
!VT – ER SUTA Rate
ER SUTA may be bypassed on [IPUTR] with ‘Do not Calculate’ or [IPRLU] ‘SUI ER Method’ = ‘Do not Calculate’.
At line 65 added 14 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 Vermont.
#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.
\\
----
!VT – Employer Health Care Contribution Fund
In order to calculate the following tax, please set up IPPC for these PC Usages:
||Usage||Description
|7600|VT-Catamount Healthcare Employer Tax
[IPUTR] – Vermont Catamount Healthcare Assessment Tax Employer\\
From web site http://hcr.vermont.gov/financing/employer Vermont’s Health Care Reform:
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1 VT – Vermont
On IPUTR, there is a list of applicable Taxes to be calculated for State of Vermont:
50-000-0000-SIT-000 Vermont State Tax
50-000-0000-ER_SUTA-000 Vermont State Unemployment Tax
50-000-0000-ER_EHT-000 Vermont Catamount Healthcare Assessment Tax - Employer
48.1 VT – IPRLU Set Up
- The Miscellaneous Tax Parameters must be set up for the following Miscellaneous Identifiers
FILINGSTATUS - Mandatory
- 'S'-single, 'M'-married, 'MH'-married but w/h at higher single rate, 'CU'-civil union, or 'CUH'-civil union w/h at higher single
TOTALALLOWANCES - Optional, enter the total number of allowances.
NONRESPERCENTAGE - Optional, enter the nonresident percentage for Non-resident only
48.2 VT – 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 Vermont
At line 76 removed 20 lines
(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
48.3 VT – Employer Health Care Contribution Fund
If user wants to calculate the following tax, please set up IPPC for these PC Usages:
Usage Description
7600 VT-Catamount Healthcare Employer Tax
IPUTR – Vermont Catamount Healthcare Assessment Tax Employer
- from web site http://hcr.vermont.gov/financing/employer Vermont’s Health Care Reform:
This page (revision-5) was last changed on 26-Nov-2021 10:22 by jmyersTop