This page (revision-29) 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
29 26-Nov-2021 10:22 29 KB mmcfarland to previous
28 26-Nov-2021 10:22 30 KB jmyers to previous | to last US TAX RECIP ==> US TAX RECIP(System_Preference)
27 26-Nov-2021 10:22 30 KB jescott to previous | to last
26 26-Nov-2021 10:22 30 KB jescott to previous | to last
25 26-Nov-2021 10:22 30 KB jmyers to previous | to last
24 26-Nov-2021 10:22 30 KB jmyers to previous | to last
23 26-Nov-2021 10:22 30 KB jmyers to previous | to last
22 26-Nov-2021 10:22 30 KB jmyers to previous | to last
21 26-Nov-2021 10:22 30 KB jmyers to previous | to last

Page References

Incoming links Outgoing links
US Taxation Processing - IPRLU Tax Methods
US Taxation Processing - IPRLU Tax Methods

Version management

Difference between version and

At line 45 changed one line
| |04 - % on element UFWTERN|-same as 01 - Annualized Method to retrieve Taxable fit_wages that is less 125 / 401k exemption\\ \\-fit_wages = ctd PC Usage 6051 UFWTERN\\-fit tax = taxable fit_wages * fit_percent\\ \\-fit_percent = IPRLU ufed_tax_percent if this exists\\ \\-otherwise from IDGV State Level for 'Reg Type' = 'US State Regist n' for the State with 'Govt Rate Type' = 'US Fed Tax Rate' if exists\\ \\-otherwise from IDGV Federal Level for 'Reg Type' = 'US Fed Regist n' with 'Govt Rate Type' = 'US Fed Tax Rate' if exists\\ \\-otherwise fit_percent = 0\\-this defaults to 01 - Annualized Method calculation
| |04 - % on element UFWTERN|-same as 01 - Annualized Method to retrieve Taxable fit_wages that is less 125 / 401k exemption\\ \\- fit_wages = ctd PC Usage 6051 UFWTERN\\- fit tax = taxable fit_wages * fit_percent\\ \\- fit_percent = IPRLU ufed_tax_percent if this exists\\ \\- Otherwise from IDGV State Level for 'Reg Type' = 'US State Regist n' for the State with 'Govt Rate Type' = 'US Fed Tax Rate' if exists\\ \\- otherwise from IDGV Federal Level for 'Reg Type' = 'US Fed Regist n' with 'Govt Rate Type' = 'US Fed Tax Rate' if exists\\ \\- Otherwise fit_percent = 0\\- This defaults to 01 - Annualized Method calculation
At line 59 changed one line
| |02 - Concurrent FIT Aggregation - fsp_wages = ctd PC Usage 6055 UFSPERN
| |02 - Concurrent FIT Aggregation|- fsp_wages = ctd PC Usage 6055 UFSPERN\\- This method treats fsp_wages as Reg Wages\\ \\- fsp_wages is added to fit_wages, zero out fsp_wages\\- tax result will be stored as FIT tax
| |03 - Previous Aggregation (Obsolete)|- Obsolete, this method uses the Default Method Same as Tax Method 01 - % Meth
| |04 - Cumulative Aggregation(Obsolete)|- Obsolete, this method uses the Default Method Same as Tax Method 01 - % Meth
| |05 - Concurrent-Zero tax\\i.e. zero tax, update wage base|- Same as Tax Method 01 - % Meth fsp_wages = ctd PC Usage 6055 UFSPERN\\- Store FSP wages only, 0 tax
| |06 - % Meth (IDGV%,Default %)\\- Same as Suppl Tax Method 01 - % Meth fsp_wages = ctd PC Usage 6055 UFSPERN\\ \\- except fsp_percent will NOT be taken from IPRLU ufed_tax_percent\\ \\- fsp_percent is derived from IDGV 'Govt Rate Type' = __'US Fed Sup Rate'__ or use the Govt Default %
| |99 - Do Not Calculate\\- Supplemental Earnings will be set to zero, therefore Supplemental Tax will not be calculated
|FICA Method|Lexicon: X_UFED_FICA_METHOD|- STE.setFICAParams.autoAdjust\\- fica_ytd = ytd PC Usage 6201 FICA EE Dedn\\- ytd (fit_wages + fsp_wages) are used in calculation\\- ytd (125) is used in calculation
| |01 - FICA Self Adjust|- STE_setFICAParams.autoAdjust = e_True
| |02 - FICA No Self Adj|- STE_setFICAParams.autoAdjust = e_False
| |03 - FICA Self Adj at Max (Obsolete)|- Obsolete, this is the same as 01- FICA Self Adjust
| |99 - Do Not Calculate|- STE_setFICAParams.exemptStatus = e_True
|Medicare Method|X_UFED_MEDICARE_METHOD|- STE_setMedicareParams.exemptStatus = e_False\\- medi_ytd = ytd PC Usage 6501 MEDI EE Dedn\\- ytd (fit_wages + fsp_wages) are used in calculation\\- ytd (125) is used in calculation
| |01 - Medi Self Adjust|- Same as FICA '01- FICA Self Adjust' method
| |02 - Medi No Self Adj|- Same as FICA '02- FICA No Self Adj' method
| |03 - Medi Self Adj at Max (Obsolete)|- Obsolete, this is the same as 01-Medi Self Adjust
| |99 - Do Not Calculate|- STE_setMedicareParams.exemptStatus = e_True
At line 61 removed 27 lines
- this method treats fsp_wages as Reg Wages
- fsp_wages is added to fit_wages, zero out fsp_wages
- tax result will be stored as FIT tax
03 - Previous Aggregation
(Obsolete) - Obsolete, this method uses the Default Method
Same as Tax Method 01 – % Meth
04 - Cumulative Aggregation
(Obsolete) - Obsolete, this method uses the Default Method
Same as Tax Method 01 – % Meth
05 - Concurrent-Zero tax
i.e. zero tax, update wage base - Same as Tax Method 01 – % Meth
fsp_wages = ctd PC Usage 6055 UFSPERN
- Store FSP wages only, 0 tax
06 - % Meth (IDGV%,Default %) - Same as Suppl Tax Method 01 - % Meth
fsp_wages = ctd PC Usage 6055 UFSPERN
- except fsp_percent will NOT be taken from IPRLU ufed_tax_percent
- fsp_percent is derived from IDGV ‘Govt Rate Type’ = ‘US Fed Sup Rate’ or use the Govt Default %
99 - Do Not Calculate - Supplemental Earnings will be set to zero, therefore Supplemental Tax will not be calculated
At line 89 removed 32 lines
FICA Method Lexicon: X_UFED_FICA_METHOD - STE.setFICAParams.autoAdjust
- fica_ytd = ytd PC Usage 6201 FICA EE Dedn
- ytd (fit_wages + fsp_wages) are used in calculation
- ytd (125) is used in calculation
01 - FICA Self Adjust - STE_setFICAParams.autoAdjust = e_True
02 - FICA No Self Adj - STE_setFICAParams.autoAdjust = e_False
03 - FICA Self Adj at Max
(Obsolete)
- Obsolete, this is the same as 01- FICA Self Adjust
99 - Do Not Calculate - STE_setFICAParams.exemptStatus = e_True
Medicare Method X_UFED_MEDICARE_METHOD - STE_setMedicareParams.exemptStatus = e_False
- medi_ytd = ytd PC Usage 6501 MEDI EE Dedn
- ytd (fit_wages + fsp_wages) are used in calculation
- ytd (125) is used in calculation
01 - Medi Self Adjust - Same as FICA '01- FICA Self Adjust’ method
02 - Medi No Self Adj - Same as FICA '02- FICA No Self Adj’ method
03 - Medi Self Adj at Max
(Obsolete)
- Obsolete, this is the same as 01-Medi Self Adjust
99 - Do Not Calculate - STE_setMedicareParams.exemptStatus = e_True
This page (revision-29) was last changed on 26-Nov-2021 10:22 by mmcfarlandTop