[{TableOfContents }]
!!!WYOMING STATE TAX CALCULATION
[{InsertPage page='Symmetry General State Tax Calculation Set Up' section=1}]
!!Wisconsin State Tax Calculation
On [IPUTR], there is a list of applicable Taxes to be calculated for State of Wisconsin:
|55-000-0000-SIT-000|Wisconsin State Tax
|55-000-0000-EIC-000|Wisconsin Earned Income Tax
|55-000-0000-ER_SUTA-000|Wisconsin State Unemployment Tax
%%information Note: The Federal Advance EIC program is being discontinued in 2011, therefore the State Advance EIC program of Wisconsin is also being discontinued.%%
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!WI – 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\\When generating the default identifier for TOTALALLOWANCES, the [IPRLU Federal|IPRLU#FederalTab] tab ‘Number of Exemptions’ will be used if this exists, otherwise defaults to 0.
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!WI – 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 Wisconsin.
#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.
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!WI – Trial Calc Example
[Symmetry Set Up - WI_01.jpg]\\ \\
[IPRLU Miscellaneous Tab|IPRLU#MiscellaneousTab]\\
WI0001 FILINGSTATUS = S\\
WI0002 TOTALALLOWANCES = 2\\ \\
|PC 8046 Res SIT Earn|= 1729.97
|PC 6042 Res SIT|= 101.83
| |
|PC 8056 Res SSP Earn|= 899.58 x 4.6 %
|PC 6052 Res Supp Tax|= 41.38
%%information Note: Wisconsin Supplemental rates vary from 4.6% to 6.75% based upon the year-to-date gross pay.%%
|PC 6703 SUI ER Contr|= 2766.66 x IPUTR 55-000-0000-ER_SUTA-000 Override Tax Rate 0.098
| |= 271.13
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![Notes|Edit:Internal.Symmetry Set Up - WY]
[{InsertPage page='Internal.Symmetry Set Up - WY' default='Click to create a new notes page'}]
!!Wyoming State Tax Calculation
On [IPUTR], there is a list of applicable Taxes to be calculated for State of Wyoming:
|56-000-0000-ER_SUTA-000|Wyoming State Unemployment Tax
|56-000-0000-ER_WC-000|Wyoming Worker's Compensation - Employer
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On [IPUTP], the following state-specific Miscellaneous Identifiers will exist for State of Wyoming:
||Miscellaneous Identifiers||Description
|WC_CORPORATE_OFFICER|Wyoming ER_WC Corporate Officer
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If these Miscellaneous Identifiers do not exist, please run [UPUTR] for State of Wyoming to generate these.
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!WY – IPRLU Set Up
#Wyoming State does not require to withhold State Tax, therefore Miscellaneous Tax Parameters are not required.
#The [IPRLU State|IPRLU#StateTab] tab ‘WC Method’ can be set up with ‘Calc by US Taxation’ in order to calculate the Wyoming Workers Compensation contribution by Symmetry Taxation.
#*If WC Method = ‘Calc by IPWC Class’, this method uses the [IPWC] rates defined by WC class in order to calculate the Workers Compensation
#*If [IPRLU] WC Method is not set up, then [IPPGU] Pay Category WC Method will be used
#*If ‘WC Method’ = ‘Calc by US Taxation’ then [IPRLU Miscellaneous|IPRLU#MiscellaneousTab] tab can indicate if an employee is a corporate officer.\\ \\
||Miscellaneous Identifiers||Description
|WC_CORPORATE_OFFICER|Optional\\If this is not set up, [IPUTP] default set up is used\\ \\TRUE – Employee is a Corporate Officer\\FALSE – Employee is NOT a Corporate Officer
*This identifier indicates if the employee is either a corporate officer or a limited liability company member
*If this is TRUE, then instead of using regular wages for the calculation, the STE will use the Wyoming average wage as published by the state of Wyoming.
*If this identifier does not exist on [IPRLU], [UPCALC] will not generate the default entries for this identifier on [IPRLU]. [UPCALC] will use the [IPUTP] default set up from WC_CORPORATE_OFFICER.
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!WY – 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 Wyoming.
#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.
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!WY – IPPC / PC Usages
In order to calculate the following taxes, please set up IPPC for these PC Usages:
||Usage||Description
|7007|Workers Comp Employer Tax
|7008|Workers Comp Earnings
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!WY – Employer Worker’s Compensation
IPUTR – Wyoming Employer Worker’s Compensation
- user may check the ‘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
- if IPRLU Miscellaneous Identifier WC_CORPORATE_OFFICER = ‘TRUE’
- this indicates that the employee is either a Corporate Officer or a limited liability company member, then instead of using the Regular Wages for the WC calculation, the Wyoming Average Wage that is published by the State of Wyoming will be used
- the Employer Worker’s Compensation will be calculated Once a Quarter, the reason is that all Corporate Officers are required to be taxed based upon an Average Wage and due to the average wage is being quarterly and cannot be prorated
- if IPRLU Miscellaneous Identifier WC_CORPORATE_OFFICER = ‘FALSE’
- the Employer Worker’s Compensation will be calculated Every Pay based on the Regular and Supplemental Wages
53.5 WY – UPCALC Example
Example (1) IPRLU Miscellaneous Identifier WC_CORPORATE_OFFICER = ‘FALSE’
Symmetry Set Up - WY_01.jpg
Note: Wyoming State Earnings are recorded even though Wyoming has no State Tax. This is to facilitate Employers to report State Earnings if it is required.
Pay# 1 PC 8046 Res SIT Earn = 2274.26 - Wyoming State Earnings are stored
PC 6042 Res SIT = 0 - Wyoming State has no State tax
PC 8056 Res SSP Earn = 909.71 - Wyoming State Earnings are stored
PC 6052 Res Supp Tax = 0 - Wyoming State has no State tax
PC 5332 Workers Comp ER = 3183.97 x IPUTR 56-000-0000-ER_WC-000 Override Tax Rate 0.005
= 15.92
PC 6703 SUI ER Contr = 3336.83 x IPUTR 56-000-0000-ER_SUTA-000 Override Tax Rate 0.101800
= 339.69
Pay# 2 Since WC_CORPORATE_OFFICER = ‘FALSE’, Employer Worker’s Comp is calculated based on All wages
PC 5332 Workers Comp ER = 60.71 x IPUTR 56-000-0000-ER_WC-000 Override Tax Rate 0.005
= 0.30
Example (2) IPRLU Miscellaneous Identifier WC_CORPORATE_OFFICER = ‘TRUE’
Symmetry Set Up - WY_01.jpg
Note: Wyoming State Earnings are recorded even though Wyoming has no State Tax. This is to facilitate Employers to report State Earnings if it is required.
Pay# 1 PC 8046 Res SIT Earn = 2274.26 - Wyoming State Earnings are stored
PC 6042 Res SIT = 0 - Wyoming State has no State tax
PC 8056 Res SSP Earn = 909.71 - Wyoming State Earnings are stored
PC 6052 Res Supp Tax = 0 - Wyoming State has no State tax
Since WC_CORPORATE_OFFICER = ‘TRUE’, Employer Worker’s Comp is calculated based on Wyoming Average Wage that is published by the State of Wyoming for the quarter, i.e. 10172.49 for 2011
PC 5332 Workers Comp ER = 10172.49 x IPUTR 56-000-0000-ER_WC-000 Override Tax Rate 0.005
= 50.86
PC 6703 SUI ER Contr = 3336.83 x IPUTR 56-000-0000-ER_SUTA-000 Override Tax Rate 0.101800
= 339.69
Pay# 2 Since WC_CORPORATE_OFFICER = ‘TRUE’, Employer Worker’s Comp is calculated Once a Quarter, therefore PC 5332 Workers Comp ER will not be calculated again