This page (revision-3) was last changed on 26-Nov-2021 10:22 by JEscott

This page was created on 26-Nov-2021 10:22 by JEscott

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Version Date Modified Size Author Changes ... Change note
3 26-Nov-2021 10:22 3 KB JEscott to previous
2 26-Nov-2021 10:22 2 KB JEscott to previous | to last
1 26-Nov-2021 10:22 2 KB JEscott to last

Page References

Incoming links Outgoing links
BC-B 1210
BC-B1210

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Difference between version and

At line 9 changed 2 lines
|01|Use Value from Element|Specify the <Element> on the component.\\The value of the element will be used as the \\ taxable benefit amount.|\\|[B1250|BC-B1250]
|02|Use Taxable Benefit on \\ Enrollment|Use the taxable benefit amount from the\\employee’s current enrollment detail or the <BC \\ Value> specified in the component.\\The employee’s enrollment detail ([IBEN]) must \\ be initialized with a value, either by conversion\\or manual input, or through the component\\value.|\\|[B1250|BC-B1250]
|01|Use Value from Element|Specify the <Element> on the component.\\The value of the element will be used as the taxable benefit amount.|\\|[B1250|BC-B1250]
|02|Use Taxable Benefit on Enrollment|Use the taxable benefit amount from the\\employee’s current enrollment detail or the <BC\\Value> specified in the component.\\The employee’s enrollment detail ([IBEN]) must be initialized with a value, either by conversion\\or manual input, or through the component\\value.|\\|[B1250|BC-B1250]
At line 14 changed one line
|06|Premium + ER Sales Tax|Uses the premium amount ([B0680|BC-B0680]) plus the\\employer sales tax ([B0910|BC-B0910]) as the taxable ben-\\efit amount.|[B0680|BC-B0680]\\[B0910|BC-B0910]|[B1250|BC-B1250]
|06|Premium + ER Sales Tax|Uses the premium amount ([B0680|BC-B0680]) plus the\\employer sales tax ([B0910|BC-B0910]) as the taxable benefit amount.|[B0680|BC-B0680]\\[B0910|BC-B0910]|[B1250|BC-B1250]
At line 16 changed 8 lines
|08|Dedn. + Contr.+ Admin. +\\ER Sales Tax (SI QC)|Takes the contribution component ([B0840|BC-B0840]) plus \\ the deduction component ([B1040|BC-B1040]) plus the\\ administration fee component ([B0730|BC-B0730]) plus the\\employer sales tax ([B0910|BC-B0910]) as the taxable ben-\\efit amount.\\Rule used for self-insured plans only.|[B0730|BC-B0730]\\[B0840|BC-B0840]\\[B0910|BC-B0910]\\[B1040|BC-B1040]|[B1250|BC-B1250]
|09|(Dedn + Contr) * Tax Ben\\Rate – Deduction|Multiplies the contribution component ([B0840|BC-B0840])\\ plus the deduction component ([B1040|BC-B1040]) by the \\taxable benefit rate and then subtracts the \\deduction amount.|[B0840|BC-B0840]\\[B1040|BC-B1040]|[B1250|BC-B1250]
|10*|Apply IRS Rate Based on\\Age @ 31st Dec|U.S. only – the age range needs to be indicated\\on the Rates tab. Uses the taxable benefit rate\\from the Rates tab or [B1200|BC-B1200] as the taxable\\benefit amount.\\ Indicates components [B1220|BC-B1220] and [B1230|BC-B1230] and\\[B1240|BC-B1240] are required.|[B1200|BC-B1200]\\[B1220|BC-B1220]\\[B1230|BC-B1230]\\[B1240|BC-B1240]|[B1220|BC-B1220]
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![Notes|Edit:Internal.BC-B1210]
[{InsertPage page='Internal.BC-B1210' default='Click to create a new notes page'}]
|08|Dedn. + Contr.+ Admin. +\\ER Sales Tax (SI QC)|Takes the contribution component ([B0840|BC-B0840]) plus the deduction component ([B1040|BC-B1040]) plus the\\administration fee component ([B0730|BC-B0730]) plus the\\employer sales tax ([B0910|BC-B0910]) as the taxable benefit\\amount.\\Rule used for self-insured plans only.|[B0730|BC-B0730]\\[B0840|BC-B0840]\\[B0910|BC-B0910]\\[B1040|BC-B1040]|[B1250|BC-B1250]
|09|(Dedn + Contr) * Tax Ben\\Rate – Deduction|Multiplies the contribution component (B0840)
plus the deduction component (B1040) by the\\taxable benefit rate and then subtracts the\\deduction amount.|[B0840|BC-B0840]\\[B1040|BC-B1040]|[B1250|BC-B1250]
|10*|Apply IRS Rate Based on\\Age @ 31st Dec|U.S. only – the age range needs to be indicated\\on the Rates tab. Uses the taxable benefit rate\\from the Rates tab or B1200 as the taxable\\benefit amount.\\
Indicates components B1220 and B1230 and\\B1240 are required.|[B1200|BC-B1200]\\[B1220|BC-B1220]\\[B1230|BC-B1230]\\[B1240|BC-B1240]|[B1220|BC-B1220]
This page (revision-3) was last changed on 26-Nov-2021 10:22 by JEscottTop