[{TableOfContents }] !!!MINNESOTA STATE TAX CALCULATION [{InsertPage page='Symmetry General State Tax Calculation Set Up' section=1}] !!Minnesota State Tax Calculation On [IPUTR], there is a list of applicable taxes to be calculated for State of Minnesota: |27-000-0000-SIT-000|Minnesota State Tax |27-000-0000-ER_SUTA-000|Minnesota State Unemployment Tax |27-000-0000-ER_SUTA_SC-019|Minnesota Workforce Enhancement Fee |27-000-0000-ER_SUTA_SC-042|Minnesota Additional Assessment |27-000-0000-ER_SUTA_SC-043|Minnesota Federal Loan Interest Assessment \\ ---- !MN – 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. |FILINGSTATUS|Mandatory\\''S'-single, 'M'-married, or 'MH'-married but w/h at higher single rate. |TOTALALLOWANCES|Optional\\Enter the total number of allowances \\ \\ ---- !MN – 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 Minnesota. #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. \\ \\ ---- !MN – IPPC / PC Usages IPPC – Set up Pay Components by PC Usages \\ In order to to calculate the following taxes, please set up [IPPC] for these PC Usages: \\ \\ ||Usage||Description |7340|MN-Workforce Enhance Fee |7341|MN-Addn Assessment Tax |7342|MN-Fed Loan Assess Interest !MN – Special Taxes IPUTR - Employer SUTA Surcharge Tax \\ \\ #Minnesota Workforce Enhancement Fee - By default, the following taxes will be calculated unless the [IPUTR] ‘Do Not Calculate’ toggle is checked or [IPRLU] ‘SUI ER Method’ = ‘Do not Calculate’. #Minnesota Additional Assessment - The Minnesota Additional Assessment is a percentage of the tax calculation not a percentage of the taxable wages. For the tax years 2006 through 2010, the rate is 14%. #Minnesota Federal Loan Interest Assessment - The Minnesota Federal Loan Interest Assessment is set at a rate of 0, therefore this is not calculated. !MN – Trial Calc Example [Symmetry Set Up - MN_01.jpg]\\ \\ [IPRLU Miscellaneous Tab|IPRLU#MiscellaneousTab]\\ \\ MN0001 FILINGSTATUS = S MN0002 TOTALALLOWANCES = 0 |PC 8046 Res SIT Earn|= 1940.61 |PC 6042 Res SIT|= 116.00 | | |PC 8056 Res SSP Earn|= 1834.75 x 6.25 % = 114.67 Round to nearest dollar |PC 6052 Res Supp Tax|= 115.00 | | |PC 6540 MN-Workforce Enhance Fee|= 4115.39 x IPUTR 27-000-0000-ER_SUTA_SC-019 Tax Rate 0.0012 | | = 4.94 | | |PC 6703 SUI ER Contr|= 4115.39 x IPUTR 27-000-0000-ER_SUTA Override Tax Rate 0.0952 | |= 391.79 | | |PC 6541 MN-Addn Assessment Tax|= 391.79 x IPUTR 27-000-0000-ER_SUTA_SC-042 Tax Rate 0.14 = 54.85\\ \\%%information Note: Minnesota Additional Assessment is a percentage of SUTA tax calculation not a percentage of the taxable wages.%% ---- ![Notes|Edit:Internal.Symmetry Set Up - MN] [{InsertPage page='Internal.Symmetry Set Up - MN' default='Click to create a new notes page'}]