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RedTopConstruction
Level 3

MN Unemployment Tax

Hello!

 

I received my 2022 Unemployment Insurance Tax Rate Determination form from the State of Minnesota.

It says:

-2022 tax rate is 0.50%

-In addition to your tax, the following assessments will be included in your balance due:

--Workforce Development Assessment: 0.10%

--Additional Assessment: 14%

--Federal Loan Interest Assessment: 1.80%

 

-How we calculated:

Benefits charged

$0.00 x 1.25 / $40,550 (taxable wages) = 0.00% (experience rate) + .50% (base tax rate) = .50% (your UI tax rate)

 

Here's where I get confused.

Quickbooks has my unemployment tax rate and then they have the workforce enhancement fee broken out.  I have my workforce enhancement fee at the .10%.  What rate am I supposed to enter in these boxes?  Would it be 0.40 (.50-.10) And if so, where do the other assessments go?

 

Please help!

12 Comments 12
MarsStephanieL
QuickBooks Team

MN Unemployment Tax

Hi there, @RedTopConstruction. I'm here help you get in the right direction that can assist you in adjusting your MN unemployment taxes.

 

Making adjustments with taxes in QuickBooks Desktop can be done with our Customer Care Team through a live chat or call.

 

I'd recommend getting in touch with the support team as they have the proper tools, to check on your transactions and guide you all throughout the process. And also to ensure that your account is in a secure space since the Community is a public place.

 

You can reach them by opening your QBDT app on your desktop and press F1 on your keyboard. Then, enter your concern and information to speak with one of the agents. You can also check the support hours so that your concern will be addressed on time.

 

I've also included a detailed resource about working with unemployment taxes that may come in handy moving forward: Minnesota Payroll Tax Compliance

 

I'd also suggest speaking with your state agency to clarify the calculation of the state tax.

 

Please post again or leave a comment on this thread if you have any other concerns. I'll be willing to help. Have a good one!

RedTopConstruction
Level 3

MN Unemployment Tax

Does anyone else have any suggestions?  QB Support couldn't be any less helpful.

Rubielyn_J
QuickBooks Team

MN Unemployment Tax

This is not the impression we want you to have when contacting our support team, @RedTopConstruction.

 

As much as I want to look into this further, I'm unable to open your account. As mentioned by my colleague above, making adjustments with taxes in QuickBooks Desktop can be done with our support team through a live chat or call. 

 

This is because they have the complete tools to review your account in a safe environment to check the root cause of your concern and find a fix. To reach them, here's how:

 

  1. Open your QuickBooks.
  2. Select Help, then choose QuickBooks Desktop Help.

  3. Click Contact Us.

  4. Enter your concern, then select Continue.
  5. Choose Start messaging or Get a callback from an expert.

 

In case you want to review your employee's wage base, you can run the Payroll Detail Review report in QuickBooks. For more details about it, please see this article: Payroll tax and wage base limits.

 

State wage bases and limits vary for State Income Tax and State Unemployment Insurance. Please see Payroll Tax Compliance for wage bases and limits.

 

Fill me in if you have further questions about managing MN Unemployment tax. I'll be happy to help you again. Keep safe!

RedTopConstruction
Level 3

MN Unemployment Tax

FYI - After 45 minutes with QB, they are unable to fix the issue and do not know how to help.  The rep suggested waiting for a payroll update, however that is WAY behind the power curve since these UI tax rates were effective Jan 1, 2022.

CBergie
Level 2

MN Unemployment Tax

Yes very frustrating.  I know I can adjust the payroll liabilities, but I shouldn't have to.  I pay $600 a year for payroll service.  The first quarter is done and yet, this issue has not been fixed

Ethel_A
QuickBooks Team

MN Unemployment Tax

Thank you for joining us here in the Community, @CBergie. It isn't the kind of experience I'd like you to have with QuickBooks. I'll make sure you'll reach the correct department that can help you fix this issue with your tax.

 

I'm afraid I won't be able to check your account information as much as I'd like to. Making modifications to taxes in QuickBooks Desktop can be done with our support team via live chat or phone, as noted by my colleague above.

 

They have all of the necessary tools to evaluate your account in a secure environment to determine the underlying cause of your problem and find a solution.

 

State income tax and State Unemployment Insurance wage bases and restrictions differ. You can find the wage bases and limits under Payroll Tax Compliance.

 

Let me know if you have additional questions about taxes. I'm always here to help.

RedTopConstruction
Level 3

MN Unemployment Tax

Absolutely!  I talked to QB about it and they don't seem to even understand my question.  That isn't worth the time. 

alarson
Level 3

MN Unemployment Tax

Has this been addressed yet? I need input our rates and it won't alllow for the assessment.  I am assigned .50% as well, I wonder if we have to enter .50% * 1.14% = .57% total rate?????

Kurt_M
QuickBooks Team

MN Unemployment Tax

Thanks for joining us here in the thread, @alarson.

As of now, we're still working on the updates on this. You'll want to make sure to update your tax table, and then you'll receive an update from us anytime soon about the rate or the option to add the rate.

If there's anything that you'd like me to assist you with, don't hesitate to get back to me by click the REPLY button below. I'd be more than happy to help you once again. Keep safe!

RedTopConstruction
Level 3

MN Unemployment Tax

No... not addressed.  I talked to a couple business owners and they're just inputting their data into the Unemployment website, paying what they're supposed to and going back to "adjust payroll liabilities" and putting what was actually due and paid there.  

alarson
Level 3

MN Unemployment Tax

FYI in case you haven't seen this....all of the Q1 calculations are being revised.  No clue if QB will update.  https://mn.gov/uimn/employers/employer-account/news-updates/tax-changes-affect-you.jsp

.

christy64
Level 1

MN Unemployment Tax

According to quickbooks article they claim they are going to revise it. Doing it is another story! I have been in a quickbooks chat multiple times with absolutely no help at all. UI rates have retro actively changed since first quarter along with all the additional assessments. First quarter reports are all off now. Its a mess and there is no communication from them with the consumer. There was never a fix like they said there would be for all the added assessments so the only alternative was to manually adjust to have an accurate report. 

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