Section 7-3-13 - Withholding information return required; penalty.
7-3-13. Withholding information return required; penalty.
A. An employer that has more than fifty employees and is not required to file an unemployment insurance tax form with the workforce solutions department or a payor shall file quarterly a withholding information return with the department on or before the last day of the month following the close of the calendar quarter.
B. The quarterly withholding information return required by this section shall contain all information required by the department, including:
(1) each employee's or payee's social security number;
(2) each employee's or payee's name;
(3) each employee's or payee's gross wages, pensions or annuity payments;
(4) each employee's or payee's state income tax withheld; and
(5) the workers' compensation fees due on behalf of each employee or payee.
C. Each quarterly withholding information return shall be filed with the department using a department-approved electronic medium.
D. Any employer or payor required to file the quarterly withholding information return who fails to do so by the due date or to file the return in accordance with Subsection C of this section is subject to a penalty in the amount of fifty dollars ($50.00).