| For more about Goldenseal payroll accounting software, click here.
For more about US Federal withholding in the Goldenseal payroll software, click here.
For info about
importing the most recent payroll tax tables from our free updates, click here.
Illinois has state income tax withholding-- it's a simple percentage of the net amount after
subtracting for each exemption. Tax withholding rates did not change in 2005 (rates changed in
4 of the last 15 years).
HINT-- Turtle Creek Software provides free annual updates for
US federal and Illinois tax withholding rates.
Illinois State Withholding Instructions
To enter withholding information for an employee, follow these steps:
- Choose Employees from the Accounts menu.
- Locate the employee record.
- Enter the employee's marital status into the Marital Status field (see note below).
- Enter the number of federal
dependents into the Federal Exemptions field.
- Enter the number of Illinois dependents into
the State Exemptions field.
Illinois Unemployment Tax Instructions
Illinois SUTA unemployment tax is calculated on the first $10,500 of wages for each employee (2005
cutoff). The tax rate starts at 4.7% for new companies, then varies between 1.2% and 9.8% depending on the company's
payroll totals and UI claims.
To enter your company's 2005 Illinois state SUTA tax rate into the Goldenseal payroll software,
follow these steps:
- Choose Payroll Setup from the Costs menu,
and choose Tax Items from the submenu.
- You'll see a list of Tax Items. Locate the Illinois SUTA tax in
the list, and double-click on it. HINT: If you don't see Illinois SUTA in the list, you'll
need to import your state's payroll info first.
- Enter your business SUTA percentage rate into the percentage field to the right
of Calculation method.
- If the cutoff amount has changed, enter it into the dollar field to the right of First Adjustment.
Marital Status
Set the value for the Marital Status popup menu in each Employee account to the following:
- Single- single employee with one personal exemption
- Married- married employee with two personal exemptions
- Dual Income- married employee with one personal
exemption
- Head of House- employee claims Head of Family status
- Other- not used
Contacts
Payroll Tax Office-- 217 782-3336
Automated Form Request-- 800 356-6302
SUTA rate info-- 800 247-4984
Illinois Department of Revenue
Box 19044 Willard Ice Building
Springfield IL 62794 9044
Website-- www.revenue.state.il.us/taxforms
Official State Lawn Ornament
Cornfield.
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