This page (revision-7) was last changed on 26-Nov-2021 10:22 by jmyers

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Symmetry Set Up - WI
Symmetry Set Up - WI

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!!!WISCONSIN STATE TAX CALCULATION
!!!VIRGINIA STATE TAX CALCULATION
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!!Virginia State Tax Calculation
On [IPUTR], there is a list of applicable Taxes to be calculated for State of Virginia:
|51-000-0000-SIT-000|Virginia State Tax
|51-000-0000-ER_SUTA-000|Virginia State Unemployment Tax
\\ \\
!!Wisconsin State Tax Calculation
On [IPUTR], there is a list of applicable Taxes to be calculated for State of Wisconsin:
|55-000-0000-SIT-000|Wisconsin State Tax
|55-000-0000-EIC-000|Wisconsin Earned Income Tax
|55-000-0000-ER_SUTA-000|Wisconsin State Unemployment Tax
%%information Note: The Federal Advance EIC program is being discontinued in 2011, therefore the State Advance EIC program of Wisconsin is also being discontinued.%%
\\
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!VA – IPRLU Set Up
!WI – IPRLU Set Up
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|AGEANDBLINDNESSEXEMPTIONS|Optional\\Enter the Age and Blindness Exemptions
|PERSONALEXEMPTIONS|Optional\\Enter the number of personal exemptions
|TOTALALLOWANCES|Optional\\Enter the number of Total Allowances
\\ \\
|FILINGSTATUS|Mandatory\\S'-single, 'M'-married, or 'MH'-married but w/h at higher single rate.
|TOTALALLOWANCES|Optional\\Enter the total number of allowances\\When generating the default identifier for TOTALALLOWANCES, the [IPRLU Federal|IPRLU#FederalTab] tab ‘Number of Exemptions’ will be used if this exists, otherwise defaults to 0.
\\
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!VA – ER SUTA Rate
ER SUTA may be bypassed on [IPUTR] with ‘Do not Calculate’ or [IPRLU] ‘SUI ER Method’ = ‘Do not Calculate’.
!WI – ER SUTA Rate
ER SUTA may be bypassed on [IPUTR] with ‘Do not Calculate’ or [IPRLU] ‘SUI ER Method’ = ‘Do not Calculate’.
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#*This rate is applicable for the entire company within the State of Virginia.
#*This rate is applicable for the entire company within the State of Wisconsin.
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#*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.
#*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.
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!VA – UPCALC Example
[Symmetry Set Up - VA_01.jpg]\\ \\
Work GEO: 51-183-1477738 Yale, Sussex, VA\\ \\
!WI – Trial Calc Example
[Symmetry Set Up - WI_01.jpg]\\ \\
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AGEANDBLINDNESSEXEMPTIONS = 0\\
PERSONALEXEMPTIONS = 0\\
TOTALALLOWANCES = 0\\ \\
|PC 8046 Res SIT Earn|= 2183.31
|PC 6042 Res SIT|= 109.00
|PC 8056 Res SSP Earn|= 908.25
|PC 6052 Res Supp Tax|= 908.25 x 5.75% = 52.22
| |
|PC 6703 SUI ER Contr|= 3241.80 x IPUTR 51-000-0000-ER_SUTA-000 Override Tax Rate 0.0622
| |= 201.64
WI0001 FILINGSTATUS = S\\
WI0002 TOTALALLOWANCES = 2\\ \\
|PC 8046 Res SIT Earn|= 1729.97
|PC 6042 Res SIT|= 101.83
| |
|PC 8056 Res SSP Earn|= 899.58 x 4.6 %
|PC 6052 Res Supp Tax|= 41.38
%%information Note: Wisconsin Supplemental rates vary from 4.6% to 6.75% based upon the year-to-date gross pay.%%
|PC 6703 SUI ER Contr|= 2766.66 x IPUTR 55-000-0000-ER_SUTA-000 Override Tax Rate 0.098
| |= 271.13
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!!Wisconsin State Tax Calculation
On [IPUTR], there is a list of applicable Taxes to be calculated for State of Wisconsin:
|55-000-0000-SIT-000|Wisconsin State Tax
|55-000-0000-EIC-000|Wisconsin Earned Income Tax
|55-000-0000-ER_SUTA-000|Wisconsin State Unemployment Tax
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%%information Note: The Federal Advance EIC program is being discontinued in 2011, therefore the State Advance EIC program of Wisconsin is also being discontinued.%%
\\ \\
----
!WI – 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
|AGEANDBLINDNESSEXEMPTIONS|Optional\\Enter the Age and Blindness Exemptions
|PERSONALEXEMPTIONS|Optional\\Enter the number of personal exemptions
|TOTALALLOWANCES|Optional\\Enter the number of Total Allowances
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|FILINGSTATUS|Mandatory\\S'-single, 'M'-married, or 'MH'-married but w/h at higher single rate.
|TOTALALLOWANCES|Optional\\Enter the total number of allowances\\ \\When generating the default identifier for TOTALALLOWANCES, the IPRLU Federal Tab ‘Number of Exemptions’ will be used if this exists, otherwise defaults to 0
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52.2 WI – ER SUTA Rate
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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:
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(1) 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 for State of Wisconsin
(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
52.3 WI – Trial Calc Example
IPRLU
WI0001 FILINGSTATUS = S
WI0002 TOTALALLOWANCES = 2
PC 8046 Res SIT Earn = 1729.97
PC 6042 Res SIT = 101.83
PC 8056 Res SSP Earn = 899.58 x 4.6 %
PC 6052 Res Supp Tax = 41.38
Note: Wisconsin Supplemental rates vary from 4.6% to 6.75% based upon the year-to-date gross pay
PC 6703 SUI ER Contr = 2766.66 x IPUTR 55-000-0000-ER_SUTA-000 Override Tax Rate 0.098
= 271.13
This page (revision-7) was last changed on 26-Nov-2021 10:22 by jmyersTop