This page (revision-35) was last changed on 26-Nov-2021 10:22 by mmcfarland

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

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Version Date Modified Size Author Changes ... Change note
35 26-Nov-2021 10:22 17 KB mmcfarland to previous
34 26-Nov-2021 10:22 17 KB mmcfarland to previous | to last
33 26-Nov-2021 10:22 17 KB mmcfarland to previous | to last
32 26-Nov-2021 10:22 17 KB rforbes to previous | to last PR_US_Federal_Tax_Calc ==> Taxation - US Federal
31 26-Nov-2021 10:22 17 KB jmyers to previous | to last
30 26-Nov-2021 10:22 17 KB jmyers to previous | to last
29 26-Nov-2021 10:22 17 KB jmyers to previous | to last
28 26-Nov-2021 10:22 17 KB jmyers to previous | to last
27 26-Nov-2021 10:22 17 KB jmyers to previous | to last
26 26-Nov-2021 10:22 17 KB jmyers to previous | to last
25 26-Nov-2021 10:22 18 KB jmyers to previous | to last
24 26-Nov-2021 10:22 18 KB jmyers to previous | to last
23 26-Nov-2021 10:22 18 KB jmyers to previous | to last
22 26-Nov-2021 10:22 18 KB jmyers to previous | to last
21 26-Nov-2021 10:22 18 KB jmyers to previous | to last

Page References

Incoming links Outgoing links
Taxation - US Federal
Taxation - US Federal

Version management

Difference between version and

At line 57 changed one line
For Federal Tax Calculation, the '€˜# of Exemptions'€™ must be entered on the [Federal|IPRLU#FederalTab] tab, if the employee has an IRS letter to indicate the maximum number of exemptions allowed for this employee, then enter on either the [Miscellaneous|IPRLU#MiscellaneousTab] tab or the [State|IPRLU#StateTab] tab with the Misc. Identifier [€˜IRS_MAX_EXEMPTIONS].€™
For Federal Tax Calculation, the '€˜# of Exemptions'€™ must be entered on the [Federal|IPRLU#FederalTab] tab, if the employee has an IRS letter to indicate the maximum number of exemptions allowed for this employee, then enter on either the [Miscellaneous|IPRLU#MiscellaneousTab] tab or the [State|IPRLU#StateTab] tab with the Misc. Identifier €˜IRS_MAX_EXEMPTIONS.€™
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!PC Usage – Federal Tax
!PC Usage -€“ Federal Tax
At line 63 changed one line
On IPPC screen, please set up Pay Components for these PC Usages for Federal tax Calculation
On [IPPC], set up pay components for these PC Usages for federal tax calculation
At line 65 changed 20 lines
Usage Description
6001 FWT Deduction - Regular Tax
6002 FWT Deduction - Additional Tax
6003 FWT Deduction - Supplemental Tax
6004 FWT Earnings - Regular Tax
6005 FWT Earnings - Regular Tax
6051 Pre-FWT Earnings - Reg Tax Table Method (PPE)
6052 Pre-FWT Earnings - Reg Tax % Method (PPE)
6053 Pre-FWT 125 Exemption - Reg Tax (PPE)
6054 Pre-FWT 401K Exemption - Reg Tax (PPE)
6055 Pre-FWT Earnings - Supplemental Tax (PPE)
6056 Pre-FWT 125 Exemption - Supplemental Tax (PPE)
6057 Pre-FWT 401K Exemption - Supplemental Tax (PPE)
6058 Pre-FIT Hours - Total Hours worked (PPE)
7901 to Pre-FWT 125 Exemption - Reg Tax (PPE)
7928 Pre-FWT HSA Exemption -Suppl Tax (PPE)
7801 to Pre-Reg Custom Benefit 01 - Reg Tax (PPE)
7830 Pre-Sup Custom Benefit 10 - Suppl Tax (PPE)
||Usage||Description
|6001|FWT Deduction - Regular Tax
|6002|FWT Deduction - Additional Tax
|6003|FWT Deduction - Supplemental Tax
|6004|FWT Earnings - Regular Tax
|6005|FWT Earnings - Regular Tax
|6051|Pre-FWT Earnings - Reg Tax Table Method (PPE)
|6052|Pre-FWT Earnings - Reg Tax % Method (PPE)
|6053|Pre-FWT 125 Exemption - Reg Tax (PPE)
|6054|Pre-FWT 401K Exemption - Reg Tax (PPE)
|6055|Pre-FWT Earnings - Supplemental Tax (PPE)
|6056|Pre-FWT 125 Exemption - Supplemental Tax (PPE)
|6057|Pre-FWT 401K Exemption - Supplemental Tax (PPE)
|6058|Pre-FIT Hours - Total Hours worked (PPE)
| |
|7901 to|Pre-FWT 125 Exemption - Reg Tax (PPE)
|7928|Pre-FWT HSA Exemption -Suppl Tax (PPE)
| |
|7801 to|Pre-Reg Custom Benefit 01 - Reg Tax (PPE)
|7830|Pre-Sup Custom Benefit 10 - Suppl Tax (PPE)
At line 85 added 2 lines
!PC Usage - Federal Insurance Contribution Act (FICA) Tax
Federal Insurance Contributions Act Tax (FICA) is imposed by the federal government on both employees and employers. The FICA tax is calculated using Pay Component Usages 6201 -€“ 6261.
At line 87 removed 4 lines
!PC Usage – Federal Insurance Contribution Act (FICA) Tax
Federal Insurance Contributions Act Tax (FICA) is imposed by the Federal government on both employees and employers. The FICA tax is calculated using Pay Component Usages 6201 – 6261.
This page (revision-35) was last changed on 26-Nov-2021 10:22 by mmcfarlandTop