Form Rt-800002 - Employer Guide To Reemployment Tax Page 12
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18Installment Payment Chart
Pay by
Pay by
Pay by
Pay by
Pay by
Apr. 30
July 31
Oct. 31
Dec. 31
Jan. 31
1st Quarter
4 equal
1/4 of total
1/4 of total
1/4 of total
1/4 of total
(ends Mar. 31)
payments
amount
amount
amount
amount
2nd Quarter
3 equal
1/3 of total
1/3 of total
1/3 of total
(ends June 30)
payments
amount
amount
amount
3rd quarter
2 equal
1/2 of total
1/2 of total
(ends Sept. 30)
payments
amount
amount
4th quarter
Not affected.
Total amount
(ends Dec. 31)
Pay in full.
Penalty and Interest Charged for Late Filing and
Protest
Payment
If an employer protests liability under the
Timely reporting will avoid charges for late reports
reemployment assistance program law or protests
and payments. If reemployment tax is not paid on
the tax rate assigned, the employer must file reports
or before the due date, interest will be charged on
and pay taxes at the assigned tax rate pending a
the full amount of tax due. Failure to file RT-6 reports
hearing on the protest. If the protest is ruled in the
timely will result in a penalty charge of $25 for each 30
employer’s favor, an adjustment or refund will be
days, or fraction thereof, that the report is late.
granted by the Department for applicable taxes paid.
Assessments
Adjusting/Amending Your Report
Failure to submit a report after being given
Adjustments or amendments to quarterly reports that
reasonable opportunity to do so will result in an
have been filed with the Department can be made
assessment of tax due. The Department will
by submitting a Correction to Employer’s Quarterly
determine, based on the employer’s tax history
Report (RT-8A). The correct information must state
and other available information, how much tax the
the reasons for such adjustments, i.e., incorrect
employer is assessed for the quarter.
gross wages or the employee should have been
Liens
reported to another state. An authorized signature is
Unpaid tax, interest, penalty, or fees may cause a
required before adjustments can be made.
lien to be placed against the employer’s real and
If the employer did not file any employment reports,
personal property.
he or she must submit RT-6 reports and pay tax
Tax Rate Consequences
and interest going back to the date of employment
Although penalties are assessed for late submission
of the worker(s). The Department can require the
of reports, these penalties are small compared to
employer to file returns as far back as five years.
failing to receive credit for taxable payrolls for tax
The Department can also require the employer to file
rate purposes. It is very important to submit
amended returns as far back as five years.
reports and tax payments timely. Completed
When employment information or wages are omitted,
quarterly reports must be submitted even if no tax is
the Department will send a request to the employer
due.
to get the missing information. It is to the employer’s
Department of Revenue, Employer Guide to Reemployment Tax, Page 12
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Rts-6b - Employee Notice For Reemployment Tax* Coverage (employer's Reciprocal Coverage Election)
Financial
Form Rts-6b - Employee Notice For Reemployment Tax Coverage (employer's Reciprocal Coverage Election)
Financial
Form Rts-6b - Employee Notice For Reemployment Tax* Coverage (employer's Reciprocal Coverage Election)
Financial
Form Rts-6b - Employee Notice For Reemployment Tax Coverage (employer's Reciprocal Coverage Election)
Financial
Related Categories
Parent category: Financial