Please refer to document PR_US_Federal_Tax_Calc.doc 'General Set Up' section for all set up requirement.
At state level, the following screens should be verified set up for each state:
On IPUTR, there is a list of applicable taxes to be calculated for State of Arkansas:
05-000-0000-SIT-000 | Arkansas State Tax |
05-000-0000-ER_SUTA-000 | Arkansas State Unemployment Tax |
Miscellaneous Identifiers | Description |
---|---|
FILINGSTATUS | Mandatory, the valid filing statuses are: 'S'-single, 'MJ'-married filing jointly, 'H'-head of household |
LOWINCOMETAXRATES | Optional, enter 'True' or 'False' |
TEXARKANARESIDENT | Optional, enter 'True' or 'False' |
TOTALALLOWANCES | Optional, enter the total number of allowances |
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 Override Tax Rate field - this rate is applicable for the entire company for State of Arkansas
(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
IPRLU MISCELLANEOUS Tab AK0001 FILINGSTATUS = S AK0002 LOWINCOMETAXRATES = FALSE AK0003 TEXARKANARESIDENT = FALSE
PC 8046 Res SIT Earn = 1729.97 PC 6042 Res SIT = 89.94
PC 8056 Res SSP Earn = 899.58 x 0.07 PC 6052 Res Supp Tax = 62.97
PC 6703 SUI ER Contr = 2766.66 x IPUTR 05-000-0000-ER_SUTA-000 Override Tax Rate 0.107 = 296.03
Screen captures are meant to be indicative of the concept being presented and may not reflect the current screen design.
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