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

Only authorized users are allowed to rename pages.

Only authorized users are allowed to delete pages.

Page revision history

Version Date Modified Size Author Changes ... Change note
5 26-Nov-2021 10:22 3 KB jmyers to previous
4 26-Nov-2021 10:22 3 KB jmyers to previous | to last
3 26-Nov-2021 10:22 4 KB jmyers to previous | to last
2 26-Nov-2021 10:22 4 KB jmyers to previous | to last
1 26-Nov-2021 10:22 4 KB jmyers to last

Page References

Incoming links Outgoing links
Symmetry Set Up - VT
Symmetry Set Up - VT

Version management

Difference between version and

At line 4 removed 42 lines
!!Utah State Tax Calculation
On [IPUTR], there is a list of applicable taxes to be calculated for State of Utah:
|49-000-0000-SIT-000|Utah State Tax
|49-000-0000-ER_SUTA-000|Utah State Unemployment Tax
\\
----
!UT – 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, or 'MH'-married but w/h at higher single rate
|TOTALALLOWANCES|Optional\\Enter the total number of allowances
\\ \\
----
!UT – ER SUTA Rate
ER SUTA may be bypassed on [IPUTR] with ‘Do not Calculate’ or [IPRLU] ‘SUI ER Method’ = ‘Do not Calculate’.
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 Utah.
#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.
\\
----
!UT – UPCALC Example
[Symmetry Set Up - ND_01.jpg]\\ \\
Res GEO: 49-049-1438194 American Fork, Utah
Work GEO: 49-049-1438194 American Fork, Utah\\ \\
[IPRLU Miscellaneous Tab|IPRLU#MiscellaneousTab]\\
FILINGSTATUS = S\\
TOTALALLOWANCES = 0\\ \\
|PC 8046 Res SIT Earn|= 1774.61
|PC 6042 Res SIT|= 88.73
|PC 8056 Res SSP Earn|= 900.56
|PC 6052 Res Supp Tax|= 900.56 x 5% = 45.03
| |
|PC 6703 SUI ER Contr|= 2813.58 x IPUTR 49-000-0000-ER_SUTA-000 Override Tax Rate 0.094000
| |= 264.48
----
![Notes|Edit:Internal.Symmetry Set Up - UT]
[{InsertPage page='Internal.Symmetry Set Up - UT' default='Click to create a new notes page'}]
At line 78 changed 2 lines
From web site http://hcr.vermont.gov/financing/employer Vermont’s Health Care Reform:
From the [Vermont’s Health Care Reform web site|http://hcr.vermont.gov/financing/employer]:\\ \\
[Symmetry Set Up - VT_01.jpg]
At line 39 added 18 lines
*'Exempting four FTEs in and after 2010' means if an employer is paying ‘4 FTE employees or less’ in a quarter, this tax will not be calculated, since all users are paying more than four employees, this rule does not apply
*This tax may be bypassed on [IPUTR] with ‘Do not Calculate’ or [IPRLU] ‘Head Tax Method’ = ‘Do not Calculate’.
*If an employee does not qualify as one FTE for this tax, set [IPRLU] ‘ Head Tax Method’ = ‘Do not Calculate’, otherwise the default will be used, and this Healthcare Assessment Tax will be calculated
\\
----
!VT – UPCALC Example
[Symmetry Set Up - VT_02.jpg]\\ \\
Work GEO: 50-027-1456238 Baltimore, Vermont\\
__Pay# 5__
|PC 8046 Res SIT Earn|= 2298.59
|PC 8056 Res SSP Earn|= 885.37
|PC 6045 Res SIT|= 106.94
|PC 6047 Res SIT Sup|= 885.37 x 7.2% = 63.75
|PC 6703 SUI ER Contr|= 3596.17 x IPUTR 50-000-0000-ER_SUTA-000 Overridden Rate 0.084
| |= 302.08
| |
|PC 5500 VT-Healthcare ER Tax|= IPUTR 50-000-0000-ER_EHT-000 Rate 91.25 per quarter
| |= 91.25
At line 82 changed 3 lines
- exempting four FTEs in and after 2010’ means if the Employer is paying ‘4 FTE employees or less’ in a quarter, this tax will not be calculated, since all users are paying more than 4 employees, this rule does not apply
- User may bypass this tax on IPUTR with ‘Do not Calculate’ or IPRLU ‘Head Tax Method’ = ‘Do not Calculate’.
- if an employee does not qualify as one FTE for this tax, enter IPRLU ‘ Head Tax Method’ = ‘Do not Calculate’, otherwise the default will be used, this Healthcare Assessment Tax will be calculated
__Pay# 6__
|PC 5500 VT-Healthcare ER Tax|= 0 (because this Healthcare ER Tax has been taken this quarter)
----
![Notes|Edit:Internal.Symmetry Set Up - UT]
[{InsertPage page='Internal.Symmetry Set Up - UT' default='Click to create a new notes page'}]
At line 86 removed one line
At line 88 removed 20 lines
48.4 VT – UPCALC Example
Work GEO: 50-027-1456238 Baltimore, Vermont
Pay# 5 PC 8046 Res SIT Earn = 2298.59
PC 8056 Res SSP Earn = 885.37
PC 6045 Res SIT = 106.94
PC 6047 Res SIT Sup = 885.37 x 7.2% = 63.75
PC 6703 SUI ER Contr = 3596.17 x IPUTR 50-000-0000-ER_SUTA-000 Overridden Rate 0.084
= 302.08
PC 5500 VT-Healthcare ER Tax = IPUTR 50-000-0000-ER_EHT-000 Rate 91.25 per quarter
= 91.25
Pay# 6
PC 5500 VT-Healthcare ER Tax = 0 (because this Healthcare ER Tax has been taken this quarter)
This page (revision-5) was last changed on 26-Nov-2021 10:22 by jmyersTop