[{TableOfContents }]
!!!NEW YORK STATE TAX CALCULATION
[{InsertPage page='Symmetry General State Tax Calculation Set Up' section=1}]
!!New York State Tax Calculation
On [IPUTR], there is a list of applicable taxes to be calculated for State of New York:
|36-000-0000-SIT-000|New York State Tax
|36-000-0000-ER_SUTA-000|New York State Unemployment Tax
|36-000-0000-ER_SUTA_SC-025|New York Reemployment Fund
|36-000-0000-SDI-000|New York SDI
|36-000-0000-ER_POP-001|NY Waterfront Payroll Tax - Employer\\(only select NY Harbor employers)
|36-000-0000-ER_POP-008|New York MCTMT Employer Payroll Tax
|36-000-0000-ER_MCTMT-000|New York MCTMT Tax (obsolete after Jan, 2012)
\\ \\
If [UPUTR] is run with list of jurisdictions, then the following entry will exist:
|36-000-975772-CITY-000|New York City Tax
|36-000-971828-CITY-000|Yonkers City Tax
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!NY – IPRLU Set Up
The Miscellaneous Tax parameters must be set up for the following Miscellaneous Identifiers.
||Miscellaneous Identifiers||Description
|FILINGSTATUS|Mandatory\\'S'-single, 'M'-married, 'H'-head of household,
or 'MH'-married but w/h at higher single rate.
|TOTALALLOWANCES|Optional\\Enter the total number of allowances
|ADDITIONALWH-NYC|Optional\\This is the additional tax to be added to New York City Tax
|ADDITIONALWH-YONKERS|Optional\\This is the additional tax to be added to Yonkers City Tax
|TOTALALLOWANCESNYC|Optional\\This is used for New York City Tax
\\ \\
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!NY – 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 New York.
#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.
!NY – EE SDI
*[IPUTR] - The SDI Rate and Tax Limit Amount are supplied and will be used as default
*New York State Disability Insurance is computed as 0.5% of gross wages with a maximum weekly amount of $0.60 (for 2011). Symmetry will prorate the tax for all pay periods, this will cause the SDI earnings to differ from the amount calculated by Vertex.
*By default, this tax will be calculated unless the [IPUTR] ‘Do Not Calculate’ toggle is checked or [IPRLU] ‘SDI EE Method’ = ‘Do not Calculate’
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!NY – IPPC / PC Usages
IPPC – Set up Pay Components by PC Usages
In order to calculate the following taxes, set up [IPPC] for these PC Usages:
||Usage||Description
|7450 State|NY-Reemployment Fund
|7452 State|NY-MCTMT Commuter Tax
|7422 State|NJ/NY Waterfront Tax
\\ \\
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!NY – Special Taxes
IPUTR – Employer SUTA Surcharge Tax
#New Mexico Worker's Compensation
#*Check the ‘Do Not Calculate’ toggle on [IPUTR] to bypass WC Calculation if desired.
#New York Reemployment Fund
#*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’
#*This tax will be stored in the pay component with Usage 7450 – NY-Reemployment Fund
#NY Waterfront Payroll Tax - Employer (only select NY Harbor Employers)
#*By default, this tax will be calculated unless the ‘Do Not Calculate’ toggle is checked
#*This tax will be stored in the pay component with PC Usage 7422 – NJ/NY Waterfront Tax
#New York MCTMT Tax
#*This tax will be stored in the pay component with Usage 7452 – NY MCTMT Commuter Tax
#*Beginning the second quarter of 2012, an employer is subject to withhold this tax as a Percent of Payroll tax base on the Payroll Expense of a quarter [http://www.tax.ny.gov/bus/mctmt/mctmt_changes.htm]
#*To calculate this tax, the MCTMT rate base must be determined on the estimation of the company’s Payroll Expense in a quarter and the rate entered on [IPUTR] 36-000-0000-ER_POP-008
#*This tax will be calculated and stored at the employee level so that the employee can do journal entries for this tax or do burden charges, etc. in the general ledger system
#City Taxes
#*City Taxes are calculated by GNIS code, please set up pay components for City Tax PC Usages
#**36-000-975772-CITY-000 New York City Tax
#**36-000-971828-CITY-000 Yonkers City Tax
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!NY – Trial Calc Example
[Symmetry Set Up - NY_01.jpg]\\ \\
Work GEO: NY 36-119-971828 Yonkers\\
[IPRLU Miscellaneous Tab|IPRLU#MiscellaneousTab]\\
NY0001 - FILINGSTATUS = S\\
NY0004 - ADDITIONALWH-YONKERS = 16
|PC 8046 Res SIT Earn|= 3578.04
|PC 8056 Res SSP Earn|= 1860.58
| |
|PC 6042 Res SIT|= 211.45
|PC 6052 Res SIT Sup|= 181.78
| |
|PC 6703 SUI ER Contr|= 5846.15 x IPUTR 34-000-0000-ER_SUTA-000 Overridden Rate 0.099
| |= 578.77
| |
|PC 6721 SDI EE|= SDI EE is 0.5% of gross wages with a maximum weekly amount of $0.60
| |= $240 x IPUTR 36-000-0000-SDI-000 Rate 0.005
| |= 1.20\\Period To Date SDI is checked to not to exceed weekly max
| |
|PC 5322 NJ/NY Waterfront Tax|= 5846.15 x IPUTR 36-000-0000-ER_POP-001 Rate .002 (check rate later)
| |= 116.92
| |
|PC 5350 NY-Reemployment Fund|= 5846.15 x IPUTR 36-000-0000-ER_SUTA_SC-025 Rate .000075
| |= 4.38
| |
|PC 5352 NY-MCTMT Commuter Tax|= 5655.53 x IPUTR 36-000-0000-ER_POP-008 Override Tax Rate .0034
| |= 19.23
| |
|PC 6951 Res CITY Tax| = 3578.04
| |= 37.15 - this amount includes IPRLU ADDITIONALWH-YONKERS
| |
|PC 6931 RCITY Sup Tax|= 1860.58
| |= 18.18
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![Notes|Edit:Internal.Symmetry Set Up - NC]
[{InsertPage page='Internal.Symmetry Set Up - NC' default='Click to create a new notes page'}]
36 NC – North Carolina
On IPUTR, there is a list of applicable Taxes to be calculated for State of North Carolina.
37-000-0000-SIT-000 North Carolina State Tax
37-000-0000-ER_SUTA-000 North Carolina State Unemployment Tax
36.1 NC – IPRLU Set Up
- The Miscellaneous Tax Parameters must be set up for the following Miscellaneous Identifiers
FILINGSTATUS - Mandatory
- 'S'-single, 'M'-married, or 'H'-head of household.
TOTALALLOWANCES - Optional, enter the total number of allowances.
36.2 NC – ER SUTA
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 and EE SUI by State:
(1) IPUTR - enter the SUTA ER Rate that is given by the Government on the Overridden Rate field
- this rate is applicable for the entire company for State of North Carolina
(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
36.3 NC– Trial Calc Example
[Symmetry Set Up - NC_01.jpg]
Work GEO: NC 37-055-1001094 Southern Shores, NC
IPRLU
FILINGSTATUS = S
TOTALALLOWANCES = 0
PC 8046 Res SIT Earn = 2183.31
PC 8056 Res SSP Earn = 908.25
PC 6042 Res SIT = 140.00 Note: this automatically rounds up to the dollar
PC 6052 Res SIT Sup = 908.25 x 6% = 54.50
= 55.00 Note: this automatically rounds up to the dollar
PC 6703 SUI ER Contr = 3241.80 x IPUTR 37-000-0000-ER_SUTA-000 Overridden Rate 0.0684
= 221.74