Section 2760.150  Consequences Of An Error In The Preparation Of The "Employer's Contribution And Wage Report"

a)         If an error in the preparation of the "Employer's Contribution and Wage Report" results in an underreporting of contributions due, the employer shall be liable for any penalty and the delinquent contributions plus interest, calculated in accordance with Section 1401 of the Act [820 ILCS 405/1401], from the date that the original report was due.

b)         Except as provided in subsection (c) below, if an error in the preparation of the "Employer's Contribution and Wage Report" resulted in an overpayment of contributions, the employer may file a claim for an adjustment or refund.  Such claim must be filed within the period provided in Section 2201 of the Act [820 ILCS 405/2201].  Such request shall be filed on a form entitled "Employer's Claim for Adjustment/Refund."  Such forms may be obtained by writing to the Department of Employment Security, Revenue Division, 401 South State Street, Chicago, IL  60605.  On the form the employer must provide certain identifying information, its computation of the amount of its claim and the basis for its claim.  This form must be signed by the owner, a partner, an officer of a corporation or its authorized agent who states that the information contained in the form is true and correct to the best knowledge and belief of the signer.

c)         In the event that the employer is mailed a Statement of Account which indicates that the employer's account has a credit balance and the employer wishes to obtain a cash refund, the employer may file for such refund within the period provided in Section 2201, on the form "Employer Request for Refund--Statement of Account."  Such form may be obtained and shall be completed in the same manner as provided in subsection (b) above.

(Source:  Amended at 18 Ill. Reg. 14942, effective September 27, 1994)