#ILLINOIS UNEMPLOYMENT TAX FORM PROFESSIONAL#

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#ILLINOIS UNEMPLOYMENT TAX FORM PROFESSIONAL#

The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. Debera Salam ( Kristie Lowery ( Kenneth Hausser ( Payroll News Flash.Workforce Tax Services - Employment Tax Advisory Services For information on how the 2021 SUI rate factors were computed, go here.įor additional information concerning this Alert, please contact: ( Historical rate chart, 2011-2021.)Ī chart of historical rates is here. The Fund Building Rate (a flat addition) increased to 0.475% for 2021, up from 0.425% for 2020.

The 2021 State Experience Factor (a multiplier) is 95%, up from 79% for 2020. Rate factors used in the 2021 SUI rate calculation increased from those used in determining the 2020 SUI tax rates. For 2021, there are no special industry new employer rates.įor 2021, an experience-rated employer whose contribution rate is higher than 5.40% and whose total quarterly wages are less than $50,000 pays contributions at 5.40% in that quarter. Illinois Form UC-3/40 is used to report wages and unemployment taxes due for the quarter and is filed with the Illinois Department of Employment Security. ( Illinois Department of Employment Security website. The SUI taxable wage base also increases to $12,9, up from $12,7. The 2021 Illinois state unemployment insurance (SUI) experience-rated tax rates will range from 0.675% to 6.875%, an increase of 0.5% from the range of 0.625% to 6.825% for 2020. Im unable to give a specific time frame for when it will be available. If the protest is denied in whole or in part, the employer may request an administrative hearing.Illinois state unemployment insurance tax rates and wage base increase for 2021 Our Payroll Compliance Team is currently working to change the Illinois unemployment wage base. If the protest is successful, the reimbursable employer will get relief later. Note: the reimbursable employer must pay the billed amount regardless of protest status. A reimbursable employer has twenty days to file a written protest to the BEN-118R. If the former worker collected benefits, a taxable or reimbursable employer can contest these charges.Ī taxable employer has forty-five days to file a written protest to the BEN-118. For employers that make payments in lieu of contributions (“reimbursable employers), the quarterly Statement of Amount Due for Benefits Paid is called a BEN-118R. For employers that pay contributions (“taxable” employers), the quarterly Statement of Benefit Charges is called a BEN-118. Non-profit institutions and governmental entities may elect to make payments in lieu of contributions due. These can be equal to 100% of the regular benefit amounts, including dependents’ allowances, that are paid to claimants.Īn employer who was determined to be the chargeable employer is furnished with a notification identifying the worker, number of weeks collected and the total charge amount at the end of each quarter. State Experience Factor & Employers' UI Contribution Rates (EA-50):Ĭlick here for an historical rate chart.įor experience-rated employers with experience in three or more consecutive calendar years before the year for which a rate is being determined, the contribution rate is based on a ratio, called the benefit ratio, which is determined in such a way that, generally, the greater the unemployment caused by the employer, the higher the rate.

Illinois unemployment tax form