michigan quarterly unemployment tax form

#Michigan quarterly unemployment tax form registration

If you are an agricultural employer, there are two options but only one can be selected.

Standard employer has been added to employer type to assist with making the correct selection that describes a business.

An error message was added to display “Date cannot be more than 3 months in the future”.

The date that you did/will first employ anyone in Michigan was changed from six months into the future to less than three months.

Schedule A Liability Questionnaire (Step 10):

Step 11 cannot be “No” if multiple Schedule Bs are completed in Step 12.

If buying an existing business or multiple businesses, Step 4 must match the locations in Step 11 and the number of Schedule Bs completed in Step 12.

The number of locations in Step 4 must match the number in Step 8.

To clear the errors, check the verify the following: If the number of locations does not match, users will receive an error message. An employer is considered delinquent if they owe $25 or more to their account. The taxable wage base is mainly for contributing employers since reimbursing employers do not pay quarterly taxes but rather report only the wages for their employees.Įmployers would qualify for future taxable wage base reduction if they are not delinquent in paying employment contributions, penalties, or interest.

Since it’s below $2.5 billion, employers will not see a reduction in the taxable wage base for 2024. If the trust fund threshold met those parameters, then the taxable wage base would have been reduced to $9,000. According to the Michigan Employment Security Act, the taxable wage base is reduced if the balance in the Michigan Unemployment Compensation Fund equals or exceeds $2.5 billion and the UIA projects the balance will remain at or above that level for the remainder of the calendar quarter and for the entire succeeding quarter.Īs of June 30, the trust fund balance was $2.2 billion. Įmployers will not see a change next year in the taxable wage base, which is the amount of an employee's wages taxed by UIA.Ĭontributing employers currently pay taxes on the first $9,500 of earnings. Finally, you can learn more about different ways to make your quarterly payments.Īs always, if you want to suggest an article or topic for the Employer Advisor newsletter or just want to tell us how much you enjoy reading it, please send a message to You can view past newsletters on the Employer Homepage at /UIA. We provide the dates through the end of the year for our Office of Employer Ombudsman's Employer Seminars.

#Michigan quarterly unemployment tax form registration

Also this month, we walk you through changes that you may have noticed in the e-Registration application that will streamline the registration process. The unemployment insurance trust fund’s health continues to improve, but it is not yet at the level that triggers a reduction in the taxable wage base. This month’s newsletter starts off with the news that the taxable wage base will be unchanged for 2024. I have seen the prototype and I know you are going to like it. Like the Claimant Roadmap, the Employer Help Center is being designed by Civilla, a nonprofit Detroit design studio. We are targeting a fall launch for the Employer Help Center, which will serve as a centralized hub for employers to efficiently manage their most common unemployment tax and claim issues.

Don’t fret: A similar change is coming for the employer community.