Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.



Panel
borderColor#03396c
titleColorWhite
titleBGColor#03396c
titleDescription of Issue

When I create the ICESA Unemployment Report, the Taxable Wage amount for most employees is $0.

...

Panel
borderColor#03396c
titleColorWhite
titleBGColor#03396c
titleContext
  • Payroll
  • State Reporting
  • Unemployment Reporting
  • Disability and Unemployment Report
  • TX TASB Risk Management Report
  • IL Monthly Wage Report
  • Employment Security Report
  • Quarterly Wage Report
  • ICESA Reporting
  • NYS-45 Report
  • CT Unemployment Report


Panel
borderColor#03396c
titleColorWhite
titleBGColor#03396c
titleCause

Most employees have already met the taxable wage base for the year and no more tax is owed for these employees. 


Panel
borderColor#03396c
titleColorWhite
titleBGColor#03396c
titleResolution

Review the Taxable Wage Limit value used on the Generate define.

  • If it's correct, the Taxable Wages of $0 is correct in this scenario and no additional steps are necessary.  Submit the report.
  • If it is incorrect, correct it and re-Generate.


Additional Information
Panel
borderColor#03396c
titleColorWhite
titleBGColor#03396c
titleAdditional Information

Taxable Wage Limit is a limit for the year, and not the quarter.  Once an employee reaches the defined Taxable Wage Limit, no more tax is owed.  

Example: 
Taxable Wage Limit = $12,000.  This means that the organization is responsible for paying unemployment tax on the first $12,000 for each employee.

Employee John Smith earns $12,500 in Quarter 1 and $10,500 in Quarter 2. 

In the Quarter 1 report, Taxable Wages = $12,000 and the limit is met for this emp. 

In the Quarter 2 report, Taxable Wages = $0 because the limit was already met for this emp in Quarter 1.

Panel
borderColor#03396c
titleColorWhite
titleBGColor#03396c
titleResolution

The Taxable Wages of $0 is correct in this scenario and no additional steps are necessary.  Submit the report.

Panel
borderColor#03396c
titleColorWhite
titleBGColor#03396c
title

Review the Calculations for Excess wages and Reportable Wages section starting on Page 20 in the Reconciling Your Unemployment Report document.