Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How do I set up Payroll Tax Calculations factors?

factors payroll tax
0
10 Posted

How do I set up Payroll Tax Calculations factors?

0
10

When you set up Payroll from scratch, use the Tax Calculations window only if user-defined Taxes apply to your employees or if you want to edit the SUTA maximum Taxable earnings. Set up Tax Calculations factors fifth, after Income, Taxes, Noncash Benefits, and Accruals. Of course, you can modify and add Tax Calculations factors at any time. For more information at any field in the window, press F1: Help. Follow these steps to set up a user-defined Tax. • Run Payroll/Configure/Tax Calculations. • Highlight , press the Tab key, and enter a meaningful name for the user Tax. • Select the appropriate W-2 box for “Additional W-2 reporting.” The default of “None” at “Additional W-2 reporting” is correct for Taxes supported by the Payroll Tax Updates. User-defined Taxes may have other requirements for W-2 reporting such as Local Tax box or Other information box. Review your W-2 instructions if you are in doubt. • Select the “Contribution method” you want the system to use to calculate the

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123