At state level, the following screens should be verified set up for each state:
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 |
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 tab âNumber of Exemptionsâ will be used if this exists, otherwise defaults to 0. |
There are two options to set up the ER SUTA rate by state:
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 |
PC 6703 SUI ER Contr | = 2766.66 x IPUTR 55-000-0000-ER_SUTA-000 Override Tax Rate 0.098 |
= 271.13 |
56-000-0000-ER_SUTA-000 | Wyoming State Unemployment Tax |
56-000-0000-ER_WC-000 | Wyoming Worker's Compensation - Employer |
Miscellaneous Identifiers | Description |
---|---|
WC_CORPORATE_OFFICER | Wyoming ER_WC Corporate Officer |
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 tab âNumber of Exemptionsâ will be used if this exists, otherwise defaults to 0. |
Miscellaneous Identifiers | Description |
---|---|
WC_CORPORATE_OFFICER | Optional If this is not set up, IPUTP default set up is used TRUE â Employee is a Corporate Officer FALSE â Employee is NOT a Corporate Officer |
53.2 WY â ER SUTA Rate
User may bypass ER SUTA on IPUTR with âDo not Calculateâ or IPRLU âSUI ER Methodâ = âDo not Calculateâ. 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 Wyoming
(2) IDGV - if there is a specific rate given by the government for different State Registration #, - then enter on IDGV by âReg Typeâ, this overrides the IPUTR Rate
53.3 WY â IPPC / PC Usages
If user wants to calculate the following taxes, please set up IPPC for these PC Usages:
Usage Description 7007 Workers Comp Employer Tax 7008 Workers Comp Earnings
53.4 WY â Employer Workerâs Compensation
IPUTR â Wyoming Employer Workerâs Compensation
- user may check the âDo Not Calculateâ Toggle on IPUTR to bypass WC Calculation if desired - IPRLU or IPPGU may specify WC Method = âCalc by US Taxationâ to calculate WC
- if IPRLU Miscellaneous Identifier WC_CORPORATE_OFFICER = âTRUEâ
- 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 Workerâs 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 = âFALSEâ
- the Employer Workerâs Compensation will be calculated Every Pay based on the Regular and Supplemental Wages
53.5 WY â UPCALC Example
Example (1) IPRLU Miscellaneous Identifier WC_CORPORATE_OFFICER = âFALSEâ
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 = âFALSEâ, Employer Workerâs 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 = âTRUEâ
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 = âTRUEâ, Employer Workerâs 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 = âTRUEâ, Employer Workerâs Comp is calculated Once a Quarter, therefore PC 5332 Workers Comp ER will not be calculated again
Screen captures are meant to be indicative of the concept being presented and may not reflect the current screen design.
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