The total tax rate on the quarterly report packet is found in Item 4. Items 4a and 4b cite the UI Tax Rate and Smart Jobs Assessment to assist in completion of Item 16 on the quarterly report form. Completing Wages List detail. All elements of the Wages List must be completed to include each employee's social security number, name, and total wage amount earned during the calendar quarter. Including all information will assure that your records are accurately used in assigning claimant benefit wages, determining proper chargebacks, and computing accurate tax rates and quarterly contribution due.
Tax is computed on the taxable wage amount reported for the entire employee roster.
Tax may not be properly computed and credited to the employer tax account where multiple reports are submitted for one calendar quarter. Accurate and timely reporting and payment are critical to annual tax rate computations and federal offset credit.