Originally Posted By TiggerPooh1973 Anyone here a wiz at Excel formulas?? I need to create a worksheet to calculate excess wages by quarter. It would make my life a lot easier right now since Quickbooks doesn't calculate local unemployment taxes for me. And I do not really use Excel, so I haven't a clue how to do it myself. Basically I need to enter dollar amounts by quarter and have it track when it goes over the wage limit and give me excess wages. Hope that makes some kind of sense, lol. I can be more specific if someone thinks they can help. Thanks!
Originally Posted By TiggerPooh1973 OK......not like we didn't already know....but Lisann22 is AWESOME!! She saved me from hitting the bottle at work!!
Originally Posted By CrouchingTigger "Excess wages"? I dunno. I've never had _any_ excess wages. It all seems to get spent somewhere.
Originally Posted By Lisann22 It's not the best term but she means wages paid beyond their minimum for tax purposes. LOL
Originally Posted By velo hey tigger - you can download all payroll info from QB to Excel by going into Reports, Employees and then on the bottom of that list (lol) should be "summarize payroll data in Excel" In addition to wht Lisann might have sent you it might be a good way to collate all your info. It's what I use to show a PIT wagebase for California. It has all the different kinds of earnings data, by employee. (federal too).
Originally Posted By TiggerPooh1973 Yeah velo, I tried that, but since there is not a "State" option for the V.I. I can't get it to generate anything for me. The federal stuff, FUTA and everything, is fine. It's the local unemployment which has a different wage base that is the problem.
Originally Posted By velo so, in addition to paying FUTA, you have to pay a VI unemployement rate? Yikes! What's the percentage?
Originally Posted By velo and if you download from QB, at least you don't have to imput lots of figures.
Originally Posted By TiggerPooh1973 You don't have state unemployment taxes? Our local unemployment tax is high too, compared to FUTA. The wage base is $20,000 and a new business starts at a rate of 1%.