Defaults
Use these processing options to specify the default information that the system uses to produce state unemployment insurance (SUI) reports for the organization.
- 1. Contribution Tax Rate
Specify the tax rate that the system uses to calculate the amount of unemployment tax that is due.
- 2. Interest Amount Due
Specify the amount of interest that is due for late payments.
- 3. Late Report Penalty of 10%
Specify the penalty amount for late reporting. Enter a penalty charge of 10 percent of contributions due if the report is not filed within 15 days after date of delinquency.
- 4. Adjustment Amount
Specify the adjustment amount from a prior quarter. Enter any credit amount as a negative value so that the specified amount is subtracted from the total amount due. Otherwise, enter a positive amount to add the credit amount to the total amount due.
- 5. Due Date
Specify the date by which the unemployment insurance taxes should be paid.