Electronic Funds Transfer Payments Guide to Electronic Funds Transfer Payments For Unemployment Insurance Tax Payments to the Department of Labor Only Contact information: Phone: (208) 332-3576 Fax: (208) 334-6300
| Electronic Funds Transfer Payments Guide to Electronic Funds Transfer Payments For Unemployment Insurance Tax Payments to the Department of Labor Only Contact information: Phone: (208) 332-3576 Fax: (208) 334-6300 |
|
GENERAL INFORMATION
Since July 1, 1988, the state of Idaho has required all tax payments of $100,000 or more to be
paid by electronic funds transfer or EFT (Idaho Code §67-2026). In July 1997, this law was
amended to include all payments of $100,000 or more and to require that such payments be
made through the Automated Clearing House (ACH) system:
67-2026. Taxes, Fees and other amounts to be paid by electronic funds transfer --
Exception: (1) Except as allowed in subsection (3) of this section, all taxes and additional
amounts of interest, penalty or fees payable together with taxes and all other fees and amounts
which are payable to the
state must be paid by electronic funds transfer whenever the amount paid or payable is one
hundred thousand dollars ($100,000) or greater. Whenever the payment of taxes is required to be
made by electronic
funds transfer under this section and the due date falls on a Saturday, Sunday, or legal holiday, the
payment
may be made on the first business day thereafter.
(2) All electronic funds transfers to the state, whether or not required by this section, shall be
made through the automated clearing house system (ACH) operated by the federal reserve by the
ACH debit or ACH credit method and shall include related addenda or messages necessary for:
(a) Coordinating the filing of tax returns or other reports with the
payment of taxes and all other fees and amounts by electronic funds
transfer; and
(b) Ensuring the proper receipt and crediting of the payment.
(3) No individual shall be required to make payment to the state by electronic funds transfer of
any taxes, fees or amounts payable to the state, regardless of amount, when such taxes, fees or
amounts are payable pursuant to section 63-3024*, Idaho Code. However, if an individual elects to
make payment by electronic funds transfer of income tax or any fees and amounts associated with
income tax liability, such electronic funds transfer shall adhere to the provisions for electronic
funds transfer as specified in this section. For the purposes of this subsection (3), the definition of
"individual" shall be as the term is defined in section 63-3008*, Idaho Code.
(4) The state treasurer shall adopt procedures necessary to implement the provisions of this
section.
* Please see pages 7 and 8 for Idaho Code sections 63-3024 and 63-
3008.
The ACH system is a nationwide network used by the Federal Reserve to exchange and settle
financial transactions. EFT is a safe and efficient procedure for transferring payments into the
state treasury, helping to ensure that payments are received by their due dates.
Please follow this guide to implement EFT by the Automated Clearing House method for your
payments of $100,000 or greater. The State Treasurer's Office also encourages use of EFT/ACH
for payments less than $100,000, although the law does not require it.
The Department of Labor accepts Automated Clearing House Credit (ACH Credit) payments for
Unemployment Insurance tax payments.
Idaho Department of Labor 10/26/2021 2
|
|
ACH CREDIT INSTRUCTIONS
For Unemployment Insurance Tax Payments Only
▪ Contact your bank to determine what ACH origination services it offers.
Allow your financial institution at least 30 days prior to the first payment due
date for initial setup.
▪ Your bank must transmit your payment to the Idaho State Treasurer using the
TXP addenda record. See page 3 for TXP conventions. Contact the Idaho
Department of Labor to receive the bank account information.
▪ At least one business day prior to the payment due date, contact your bank to
initiate transmission of credit and addenda information to the state
treasurer's account.
Payments made by ACH/EFT must be in the state treasurer's bank account on or
before the due date. Exception: When a payment due date falls on a weekend or
legal holiday the payment is due the next business day.
Idaho Unemployment Insurance Tax Payment Contact
Agency and Tax Contact Number Mailing Address
Type Code
Department of Labor Phone: (208) 332-3576 Attn: Accounting
(Unemployment insurance: 13090) Fax: (208) 334-6300 317 W. Main St.
Boise, ID 83735-0610
Idaho Department of Labor 10/26/2021 3
|
|
ACH TXP Addenda Record
For Unemployment Insurance Tax Payments Only
TXP Data Element Descriptions Number of Contents
Number * * ACH TXP Addenda Record * * Bytes
Segment Identifier 3 “TXP”
TXP01 Employer Account Number 1/15 (10 digits)
TXP02 Tax Payment Type Code 1/5 Numeric
TXP03 (Tax period End) Date 6/61 YYMMDD
TXP04 Amount Type 1 “T”
TXP05 Amount 1/10 $$$$$$$$¢¢
TXP02 Segment Terminator 1 “ ”\
TXP01 Employer Account Number 0123456789
TXP02 Tax Payment Type Code 13090 (Unemployment Insurance)
TXP03 (Tax Period End) Date June 30, 2021
TXP04 Amt Type (Tax Info ID Number) T
TXP05 Tax Amount $7439.86
Example of formatted State of Idaho TXP addenda record:
Department of Labor: TXP*0123456789*13090*060630*T*0000743986\
Idaho Department of Labor 10/26/2021 4
|