Pursuant to HOUSE BILL NO. 957, rounding of employee wages and total wages shall be effective for the 3rd quarter (July September 2001) tax and wage reporting period due October 31, 2001.
The wages of each employee reported by an employer on the Quarterly Wage & Tax report (line 10 of paper report or position 203-213 of Magnetic Media Record Description, Section III (F)), if not an even dollar amount, shall be rounded to the nearest dollar amount (up or down - i.e., $1081.49 shall be rounded to $1081, and $1081.50 shall be rounded to $1082). Therefore, any amount of total wages for all employees reported on the Quarterly Wage & Tax report (line 8) shall be an even dollar amount.
An updated handbook, Employer Guide to Magnetic Media Quarterly Wage Reporting (PDF), is available on this Web site. Questions regarding quarterly wage reporting should be addressed to Gizelle Thompson, Wage Records Unit Supervisor, at (225) 342-2865.
Questions regarding the programming of magnetic media for quarterly wage reporting should be addressed to Lita Gant, IT Applications Programmer, at (225) 342-3229.
This page was last updated on July 17, 2007.