NEW MEXICO STATE TAX CALCULATION#
State Tax Calculation - General Set Up#
Please refer to the US Federal Tax Calculation document's 'General Set Up' section for all set up requirements.At state level, the following screens should be verified set up for each state:
IPUTR#
This screen is used to:- view US Tax Rates by state and to enter the Overridden rates and Wage Base.
- suppress some SUTA Surcharge Calculation for some states by checking the 'Do not Calculate' toggle
IPUTP #
This screen is used to:- view US Tax Miscellaneous Parameters by the states that are applicable for IPRLU
IDGV#
- This screen may optionally contain specific Override rates and Wage bases by Government Registration for each Registration from the Pay Header's group
- IDGV overridden amounts take precedence over the IPUTR overridden amounts
IPRLU/IPRULS #
- Each employee must be set up with the applicable Tax Methods
- Miscellaneous Tax Parameters must be set up by the states that need to be paid
UPRLU #
This process audits the US Tax Filing information and generates IPRLU Miscellaneous Tax Parameters information according to IMCT set upIPPH #
- The Pay Header tab must specify the default Work Jurisdiction and Home Jurisdiction
- In the Pay Lines tab, the Jurisdiction field must specify the Work Jurisdiction of this pay line
- After Trial Calc or UPCALC, the Pay Amounts tab will contain all US Taxation amounts in summary that are used for the calculation of net pay
- The Pay Jurisdiction tab contains the default Work Jurisdiction and Home Jurisdiction
- After Trial Calc or UPCALC, the Pay Jurisdiction tab contains all US Taxation amounts by jurisdiction in detail
New Jersey State Tax Calculation#
On IPUTR, there is a list of applicable taxes to be calculated for State of New Jersey:| 34-000-0000-SIT-000 | New Jersey State Tax |
| 34-000-0000-SSP-000 | New Jersey Supplemental Tax |
| 34-000-0000-ER_SUTA-000 | New Jersey State Unemployment Tax |
| 34-000-0000-ER_SUTA_SC-048 | NJ Work Force Development/Supplemental Work Force |
| 34-000-0000-SDI-000 | New Jersey SDI |
| 34-000-0000-ER_SDI-001 | New Jersey Employer SDI |
| 34-000-0000-SUI-000 | New Jersey SUI |
| 34-000-0000-FLI-000 | New Jersey Family Leave Insurance |
| 34-000-0000-ER_POP-001 | NJ Waterfront Payroll Tax - Employer (only select NJ Harbor employers) |
| 34-000-878762-ER_POP-007 | Newark Employer Payroll Tax |
NJ – IPRLU Set Up#
The Miscellaneous Tax parameters must be set up for the following Miscellaneous Identifiers| FILINGSTATUS | Mandatory 'S'-single, 'MJ'-married filing jointly, 'MS'-married filing separately, 'H'-head of household or 'QW'-qualified widow(er) |
| RATETABLE | Mandatory Enter the rate table: 'A','B','C','D', or 'E' |
| TOTALALLOWANCES | Optional Enter the total number of allowances |
NJ – ER SUTA, EE SUI#
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 and EE SUI rates by state:
- IPUTR
- The SUI Rate and Wage Base are supplied and will be used as default
- This SUI Rate or Wage Base may be overridden if necessary
- IDGV
The EE SUI rate provided by Symmetry includes the Unemployment Insurance rate and the Workforce Development Partnership (WF) / Supplemental Workforce (SWF) rate.
ER SUTA may be bypassed on IPUTR with ‘Do not Calculate’ or IPRLU ‘SUI ER Method’ = ‘Do not Calculate’, or IPRLU‘SUI EE Method’ = ‘Do not Calculate’
For SUI, the IPUTR SUI built-in rate and SUI wage base may by overridden by one of the options above.
It is recommended that if the SUI rate is overridden, the SUI overridden wage base should also be entered. This is to ensure that with the overridden SUI rate, the SUI is able to stop at the proper maximum wage base with the new rate.
NJ – ER SDI, EE SDI#
ER SDI and EE SDI Rates and Wage Bases are provided by the government and stored on IPUTR.The Rates and Wage Base may be overridden on IPUTR for State of New Jersey
Specific overridden Rate and Wage Base may be entered on IDGV by ‘Reg Type’ = ‘US SDI Regist n’ and ‘Govt Rate Type’ = ‘US SDI ER Rate’ or ‘US SDI EE Rate’
SDI ER or SDI EE may be bypassed on IPUTR with ‘Do not Calculate’ at the State level, or on IPRLU ‘SDI ER Method’ = ‘Do not Calculate’, or IPRLU ‘SDI EE Method’ = ‘Do not Calculate’ at the Employee level.
The NJ SDI ER Rate can be varied by Employer, the SDI ER Rate MUST be entered on the ‘Override Tax Rate’ field, otherwise SDI ER will not be calculated.
NJ – IPPC / PC Usages#
IPPC – Set up Pay Components by PC UsagesIn order to calculate the following taxes, set up IPPC for these PC Usages:
| Usage | Description |
|---|---|
| 7420 State SUI | NJ-Newark PR Tax |
| 7421 State SUI | NJ-Family Leave Insurance |
| 7422 State SUI | NJ Waterfront Tax |
| 7423 State SUI | NJ Work force Development |
| 7424 State SUI | NJ Health Care Subsidy Fund |
NJ – Special Taxes#
IPUTR - Employer SUTA Surcharge Tax- NJ Work Force Development/Supplemental Work Force
- New Jersey Family Leave Insurance
- NJ Waterfront Payroll Tax - Employer (only select NJ Harbor employers)
- By default, this tax will be calculated unless the ‘Do Not Calculate’ toggle is checked
- This tax will be stored into Pay Component with Usage 7422 – NJ/NY Waterfront Tax
- Newark Employer Payroll Tax
- If the tax jurisdiction is for Newark, by default, this tax will be calculated unless the ‘Do Not Calculate’ toggle is checked
- This tax will be stored into Pay Component with Usage 7420 – NJ-Newark PR Tax
- New Jersey Health Care Subsidy Fund
- The New Jersey Health Care Subsidy Fund is a tax which is withheld from employee wages as a percentage of the employee’s taxable earnings until a wage base has been reached. For 2010, the wage base is $29,700 and the rate is 0.00% (.0000). Therefore, NJ Health Care Fund will be zero since the rate is set to zero.
NJ – Trial Calc Example#
Symmetry Set Up - NJ_01.jpgWork GEO: 34-013-878762 Newark, NJ
IPRLU Miscellaneous Tab
NJ0001 - FILINGSTATUS = S
NJ0002 - RATETABLE = A
| PC 8046 Res SIT Earn | = 2353.41 | |
| PC 8056 Res SSP Earn | = 1919.65 | |
| PC 6042 Res SIT | = 80.29 | |
| PC 6052 Res SIT Sup | = 129.59 | NJ has no State Supplemental Rate CURRENTAGGREGATION Method is automatically used |
| PC 6701 SUI EE | = 4451.91 x IPUTR 34-000-0000-SUI-000 Rate .004250 | |
| = 18.92 | ||
| PC 6703 SUI ER Contr | = 4451.91 x IPUTR 34-000-0000-ER_SUTA-000 Overridden Rate 0.054 | |
| = 240.40 | ||
| PC 6721 SDI EE | = 4451.91 x IPUTR 34-000-0000-SDI-000 Rate 0.005 | |
| = 22.26 | ||
| PC 5321 NJ-Family Leave Insurance | = 4451.91 x IPUTR 34-000-0000-FLI-000 Rate 0.0012 | |
| = 5.34 | ||
| PC 5322 NJ/NY Waterfront Tax | = 4451.91 x IPUTR 34-000-0000-ER_POP-000 Rate .000198 (Check this rate) | |
| = 89.04 | ||
| PC 5320 NJ-Newark PR Tax | = 4451.91 x IPUTR 34-000-878762-ER_POP-001 Rate .000100 | |
| = 44.52 | ||
| PC 5323 NJ-Workforce Development | = 4451.91 x IPUTR 34-000-0000-ER_SUTA_SC-048 Rate .001175 | |
| = 5.23 |
Notes#
Click to create a new notes pageNew Mexico State Tax Calculation#
On IPUTR, there is a list of applicable taxes to be calculated for State of New Mexico:| 35-000-0000-SIT-000 | New Mexico State Tax |
| 35-000-0000-ER_SUTA-000 | New Mexico State Unemployment Tax |
| 35-000-0000-WC-000 | New Mexico Worker's Compensation |
| 35-000-0000-ER_EHT-000 | New Mexico Worker's Compensation Assessment Fee - Employer |
NM – 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 |
|---|---|
| FILINGSTATUS | Mandatory 'S'-single, 'M'-married, or 'MH'-married but w/h at higher single rate |
| TOTALALLOWANCES | Optional Enter the total number of allowances |
On the IPRLU State tab ‘WC Method’ may be set up with an override ‘Calc by US Taxation’ or ‘Both by IPWC and US Taxation’ in order to calculate the New Mexico Workers Compensation by Symmetry Taxation.
WC Method ‘Calc by IPWC Class’ will calculate WC using the rates defined in IPWC, the WC tax identifier in IPUTR will not calculate if this method is selected.
If the IPRLU WC Method is not set up, then IPPGU Pay Category WC Method will be used
34.2 NM – ER SUTA Rate
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 New Mexico
(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
34.3 NM – IPPC / PC Usages
If user wants to calculate the following taxes, please set up IPPC for these PC Usages:
Usage Description 7006 Workers Comp Employee Tax 7430 NM-WC Assessment Fee - Employer
34.4 NM – Special Taxes
IPUTR – Worker’s Compensation
(1) New Mexico Worker's Compensation - user may check ‘Do Not Calculate’ Toggle on IPUTR to bypass WC Calculation if desired - IPRLU or IPPGU may specify WC Method = ‘Calc by US Taxation’ or ‘Both by IPWC and US taxation’ to calculate WC using Symmetry.
- the New Mexico Workers Compensation tax is $2 per quarter fee paid by the employee - Symmetry provides an option to prorate this Workers Compensation Tax by pay period, however the ‘Prorate Option’ will not be used due to rounding issues as follows: e.g. In one year, there are 4 quarters in a year, $2 x 4 = $8 per year - for BW payroll, there are 26 pays in one year, $8 / 26 = $0.31 per pay - therefore $0.31 should be taken for each pay period until the $2 quarterly maximum is reached - however $0.62 will be withheld when both Regular and Suppl wages are paid in one pay - for the quarter with 6 pays, $0.31 x 6 = $1.86 - for the quarter with 7 pays, $0.31 x 7 = $2.17 with maximum of $2.00 - during the last pay of a quarter, if the ‘Prorate Option’ is set to False, then Symmetry will catch the remaining of the Workers Compensation Tax for the quarter - however the last pay of a quarter for each employee varies depending on if the employee will be paid, therefore the ‘Prorate Option’ will not be used - Workers Compensation will be calculated the first time the employee is paid in a quarter, this coincides with the Employer New Mexico Worker's Compensation Assessment Fee as below
(2) New Mexico Worker's Compensation Assessment Fee - - user may check ‘Do Not Calculate’ Toggle on IPUTR to bypass WC Calculation if desired - IPRLU or IPPGU may specify WC Method = ‘Calc by US Taxation’ to calculate WC
- this tax is computed as a dollar amount per employee and is considered as Employer Head Tax
34.5 NM – Trial Calc Example
Example (1) Proration of New Mexico Workers Compensation Tax (PC 5331) - note, this proration is not used
IPRLU - NM0001 FILINGSTATUS = S PC 8046 Res SIT Earn = 2577.97 PC 6042 Res SIT = 111.71 PC 8056 Res SSP Earn = 914.01 x 4.9 % PC 6052 Res Supp Tax = 44.79
PC 5330 NM-WC Assessment Fee-ER = IPUTR 35-000-0000-ER_EHT-000 Tax Rate 2.30 per quarter = 2.30
PC 5331 Workers Comp Tax = IPUTR 35-000-0000-WC-000 Tax Rate 2.00 per quarter - In one year, there are 4 quarters in a year, $2 x 4 = $8 per year - for BW payroll, there are 26 pays in one year, $8 / 26 = $0.31 per pay - $0.31 will be taken for Regular wages and/or Supplemental wages until $2 quarterly maximum is reached - $.0.31 for Regular Wages and $0.31 for Sup Wages = 0.62
PC 6703 SUI ER Contr = 3653.59 x IPUTR 35-000-0000-ER_SUTA-000 Override Tax Rate 0.054 = 197.29
Example (2) NO Proration of New Mexico Workers Compensation Tax (PC 5331) - note, this proration is used
PC 5331 Workers Comp Tax = IPUTR 35-000-0000-WC-000 Tax Rate 2.00 per quarter = 2.00
- Workers Compensation will be calculated the first time the employee is paid in a quarter, this coincides with the Employer New Mexico Worker's Compensation Assessment Fee
Note: For New Mexico Workers Compensation, if users wants to override the employee WC portion and move to the employer WC portion, then this employee WC portion becomes taxable and subject to SIT and SUTA tax. In this case, user should calculate WC via Usercalc instead of by Symmetry. In Usercalc, calculate the employee and employer WC portion and stores in pay component before US Taxation Pay point. Then include this employee WC pay component into the Elements of Pre-State Earnings (Usage 6651) and Pre-SUI Employer Earnings (Usage 6752). This approach truly reflects the Employee WC portion in the Pre-Tax Earnings pay components and will carry through the system for the use of Self-Adjust method etc.
