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. UI Tax Rate (unemployment insurance tax rate)

Specify the unemployment insurance (UI) tax rate that the system uses to calculate the amount of UI tax that is due.

2. Interest Assessment Due to Federal Advances

Specify the amount of interest that has been assessed for federal advances.

3. Interest Charges Per Month

Use this processing option to specify the amount of interest that is due for late payments.

4. Late Report Penalty of 10% or $100

Specify the amount of any penalties that are due for late reporting. If the report is filed after the due date but before the end of the next month, enter the greater of the these two amounts:

Ten percent of the total contributions due

One hundred USD

5. Late Report Penalty of 20% or $200

Specify the amount of any penalties for late reporting. If the report is filed after the last day of the second month after the due date, enter the greater of these two amounts:

Twenty percent of the total contributions due

Two hundred USD

6. Outstanding Amounts

Specify the amount of any outstanding balance on the account. To ensure that credit amounts are subtracted from the total amount due, enter them as negative amounts. Otherwise, enter any prior balance as a positive amount to add it to the total amount due.

7. Prior Underpayments

Use this processing option to specify the amount of unemployment taxes that were previously underpaid. Use this processing option only if you are changing the amounts that you reported for a previous quarter.

8. Prior Overpayments

Specify the amount of unemployment taxes that were previously overpaid. Use this processing option only if you are changing the amounts that you reported for a previous quarter.