This page (revision-24) was last changed on 26-Nov-2021 10:22 by jmyers

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

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Version Date Modified Size Author Changes ... Change note
24 26-Nov-2021 10:22 18 KB jmyers to previous
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
US Railroad Taxation
US Railroad Taxation

Version management

Difference between version and

At line 11 changed one line
Users must have a thorough understanding of the Payroll Pay cycle processing and the functions in the menu ‘Produce US Legislative reports’.
Users must have a thorough understanding of the Payroll Pay cycle processing and the functions in the menu 'Produce US Legislative reports'.
At line 16 changed one line
!Website – IRS and Railroad Retirement Board
!Website - IRS and Railroad Retirement Board
At line 26 changed one line
!IPRLU – Railroad Tax Method
!IPRLU - Railroad Tax Method
At line 28 changed one line
It is recommended to use ‘No Self Adjust’ Method for Railroad tax calculation. The reason for this is that an employee can transfer to and from Railroad and Non-Railroad employment when calculating Railroad Tier2 tax. Since FICA calculation does not have Tier2 calculation, the Railroad Tier2 ‘Self-Adjust’ method will adjust the Tier2 tax with all earnings including the earnings for Non-Railroad earnings.
It is recommended to use 'No Self Adjust' Method for Railroad tax calculation. The reason for this is that an employee can transfer to and from Railroad and Non-Railroad employment when calculating Railroad Tier2 tax. Since FICA calculation does not have Tier2 calculation, the Railroad Tier2 'Self-Adjust' method will adjust the Tier2 tax with all earnings including the earnings for Non-Railroad earnings.
At line 31 changed one line
!IPCU – Railroad Tax Pay Component Usages
!IPCU - Railroad Tax Pay Component Usages
At line 71 changed one line
%%information The following PC Usages are not used for Symmetry and therefore will not be calculated.\\ \\IPRLU ‘Railroad Suppl Method’ and ‘RURT Method’ are not needed%%
%%information The following PC Usages are not used for Symmetry and therefore will not be calculated.\\ \\IPRLU - Railroad Suppl Method' and 'RURT Method' are not needed%%
At line 89 changed one line
!IPPC – Railroad Tax Pay Components
!IPPC - Railroad Tax Pay Components
At line 96 changed one line
!RPPC – Railroad Tax Pay Components Example
!RPPC - Railroad Tax Pay Components Example
At line 103 changed one line
!IPPE – Deduction Element – Add Railroad Deduction PCs
!IPPE - Deduction Element - Add Railroad Deduction PCs
At line 105 changed one line
All the Railroad Tax Deduction pay components must be added to the Deduction Element in order for [UPCALC] to deduct the Railroad tax from employee’s gross pay
All the Railroad Tax Deduction pay components must be added to the Deduction Element in order for [UPCALC] to deduct the Railroad tax from employee's gross pay
At line 109 changed one line
Using the Associated Element for PC Usage 2 within [IPPC], go into the [IPPE] screen and add the list of Railroad Deduction pay components to be deducted from employee’s gross pay.
Using the Associated Element for PC Usage 2 within [IPPC], go into the [IPPE] screen and add the list of Railroad Deduction pay components to be deducted from employee's gross pay.
At line 111 changed one line
!IDGV – Define Government Registrations – US Fed Regist #
!IDGV - Define Government Registrations - US Fed Regist #
At line 115 changed one line
!IDGR – Define Groups for Railroad Employment
!IDGR - Define Groups for Railroad Employment
At line 120 changed one line
!IDGV – Define Government Registrations – US RR Regist #
!IDGV - Define Government Registrations - US RR Regist #
At line 122 changed one line
If the Railroad Registration # needs to be defined or the overridden Railroad Maximums or Experience rate needs to be specified, registration types ‘US RR Regist 1’ up to ‘US RR Regist 9’ must be defined on [IDGV].
If the Railroad Registration # needs to be defined or the overridden Railroad Maximums or Experience rate needs to be specified, registration types 'US RR Regist 1' up to 'US RR Regist 9' must be defined on [IDGV].
At line 124 changed one line
The last digit of the ‘US RR Regist n’ is the same digit as the [IDGR] Fed Regist Type ‘US Fed Regist n’. For example, if [IDGR] specifies ‘US Fed Regist 2’, then [IDGV] should define ‘US RR Regist 2’ with the same Registration Set to be used for this group.
The last digit of the 'US RR Regist n' is the same digit as the [IDGR] Fed Regist Type 'US Fed Regist n'. For example, if [IDGR] specifies 'US Fed Regist 2', then [IDGV] should define 'US RR Regist 2' with the same Registration Set to be used for this group.
At line 141 changed one line
!IDGV – Define Government Registrations for Railroad Overrides
!IDGV - Define Government Registrations for Railroad Overrides
At line 143 changed one line
After the ‘US RR Regist n’ is entered on IDGV, the ‘Govt Rate Type’ can be entered to specify any overridden values for the Railroad tax calculation.
After the 'US RR Regist n' is entered on IDGV, the 'Govt Rate Type' can be entered to specify any overridden values for the Railroad tax calculation.
At line 179 changed 3 lines
|022061 – US RR SUPPL Max Base Amt
|022062 – US RR SUPPL Max Dedn
|022063 – US RR SUPPL Rate
|022061|US RR SUPPL Max Base Amt
|022062|US RR SUPPL Max Dedn
|022063|US RR SUPPL Rate
At line 183 added one line
!IDPS - Define Positions for Railroad
At line 184 removed 4 lines
!IDPS – Define Positions for Railroad
This page (revision-24) was last changed on 26-Nov-2021 10:22 by jmyersTop