[{TableOfContents }] !!!MISSISSIPPI 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 - MS] [{InsertPage page='Internal.Symmetry Set Up - MS' default='Click to create a new notes page'}] !!Mississippi State Tax Calculation On [IPUTR], there is a list of applicable taxes to be calculated for State of Mississippi: |28-000-0000-SIT-000|Mississippi State Tax |28-000-0000-ER_SUTA-000|Mississippi State Unemployment Tax |28-000-0000-ER_SUTA_SC-020|Mississippi Workforce Training Enhancement \\ ---- !MS – IPRLU Set Up The Miscellaneous Tax Parameters must be set up for the following Miscellaneous Identifiers |FILINGSTATUS|Mandatory\\'S'-single, 'M1'-married one spouse working, or 'M2'-married both spouses working, or 'H'-head of household. |TOTALEXEMPTIONAMT|Optional\\Enter the total exemption amount (in dollars). \\ \\ ---- !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 Mississippi. #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. \\ \\ ---- !MS – Special Taxes In order to calculate the following taxes, set up [IPPC] for these PC Usages: ||Usage||Description |7360|MS-Workforce Training Enhancement IPUTR - Employer SUTA Surcharge Tax Mississippi Workforce Training Enhancement - the rate is assigned by the State to the Employer, please enter this rate to IPUTR Override Tax Rate - by default, the tax will be calculated unless IPUTR ‘Do Not Calculate’ Toggle is checked or IPRLU ‘SUI ER Method’ = ‘Do not Calculate’ 27.4 MS – UPCALC Example Work GEO: 28-001-679358 Washington, Mississippi Pay# 5 PC 8046 Res SIT Earn = 2920.24 PC 8056 Res SSP Earn = 893.25 PC 6045 Res SIT = 136.00 PC 6047 Res SIT Sup = 45.00 Note: IPUTP STATE_ROUNDING is set with value = DEFAULT or NO, the State tax results are always Rounded PC 6703 SUI ER Contr = 4097.06 x IPUTR 28-000-0000-ER_SUTA-000 Overridden Rate 0.054000 = 221.24 PC 6560 MS-Workforce Training = 4097.06 x IPUTR 28-000-0000-ER_SUTA_SC-020 Overridden Rate 0.015 = 6.15