Instructions For Form De 88/de 88all - Payroll Tax Deposit Coupon - Employment Development Department Page 10

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HOW TO CALCULATE PAYMENT AMOUNTS - INTEREST AMOUNTS
INTEREST FOR A LATE QUARTERLY PAYMENT
Interest will be changed on the UI, ETT, SDI, and PIT amounts for any late Quarterly Payment.
· The UI is $238.00.
Example:
· The ETT is $7.00.
· The SDI is $72.00.
· The PIT withheld is $200.00.
· A quarterly payment was due on April 2, 2002, and is considered late on May 1.
· The quarterly payment was due postmarked on May 10, 2002, and is 10 days late.
Calculation:
UI Quarterly Payments
$
238.00
ETT Quarterly Payment
7.00
SDI Withheld
72.00
+
PIT Withheld
+
200.00
Taxes Due
$
517.00
x
10% Penalty
x
.10
Penalty
$
51.70
+
Taxes Due
+
517.00
Amount Subject to Interest Calculation
$
568.70
x
Daily Interest Factor*
x .0001918
Daily Interest
0.109077
x
Number of Days Late
x
10
INTEREST DUE
$
1.09
(ENTER IN BOX 4F ON COUPON)
PAYROLL TAX DEPOSIT DE 88ALL
(TYPE OR PRINT IN BLACK INK ONLY):
1. PAYROLL DATE:
2. PAYMENT TYPE:
4. PAYMENT AMOUNTS:
Rate
Tax
(MARK ONE BOX ONLY)
MUST BE COMPLETED
STATE OF CALIFORNIA
NEXT
,
,
0 3 3 1 0 2
A)
UI
2 3 8 0 0
EMPLOYMENT DEVELOPMENT
BANKING
DEPARTMENT
DAY
P O BOX 826276
(Last PAYROLL DATE covered by deposit)
SACRAMENTO, CA 94230-6276
SEMI-
,
,
B)
ETT
7 0 0
WEEKLY
SANDRA JONES
Employer Name
,
,
7 2 0 0
C)
SDI
MONTHLY
Employer DBA
JONES’ FLOWER COMPANY
California
2 0 0 0 0
,
,
X
D)
QUARTERLY
PIT
Indicate your Account Number here; Please enter on your check
5 1 7 0
3. PAYMENT
,
,
1 2 3 4
1 2 3
5
0 2 1
E)
Penalty
QUARTER
F)
,
,
Interest
1 0 9
EMPLOYMENT DEVELOPMENT DEPT.
TOTAL
,
,
5 6 9 7 9
G )
PAID
01880198
PAY THIS AMOUNT
TOTAL LINES A THROUGH F.
DO NOT FOLD OR STAPLE.
Make check payable to EDD.
PREPARER’S
TELEPHONE NO.
SANDRA JONES
(
)
310
555-1212
X
DE 88ALL Rev. 14 (3-01)
DEPARTMENT USE ONLY
DE 88ALL-I Rev. 14 (1-02) (INTERNET)
Page 9 of 14
CU

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