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 Rate
Specify the tax rate that is used to calculate the amount of unemployment insurance tax that is due.
- 2. Interest Amount Due
Specify the amount of interest that is due for late payments.
- 3. Penalty Amount Due for Late Filing
Specify the amount of any penalties that are due for late filing.
- 4. Penalty Amount Due for Late Payment
Specify the amount of any penalties that are due for late payments.
- 5. Adjustment from Prior Quarters
Specify the amount of any prior balances. 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.
- 6. Investment Fee Rate
Specify the rate that the system uses to calculate the amount of investment fee tax that is due.