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

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

Only authorized users are allowed to rename pages.

Only authorized users are allowed to delete pages.

Page revision history

Version Date Modified Size Author Changes ... Change note
22 26-Nov-2021 10:22 25 KB mmcfarland to previous
21 26-Nov-2021 10:22 25 KB mmcfarland to previous | to last

Page References

Incoming links Outgoing links
US Taxation Supplemental Pay Processing
US Taxation Supplemental Pay Processing

Version management

Difference between version and

At line 204 changed 7 lines
**Supplemental is Paid with Regular Wages, when SSP Method = ‘Flat Percent Method’
***this actually uses Method ‘Paid at Different Time than Regular Wages’\\ \\[US_Taxation _Supplemental Pay Processing_03.JPG]
|Maryland Sup Rate |916.96 x 6.25% = 57.31
|Local Rate for Allegany County, MD|916.96 x 0.0305 = 27.97
| | = 85.28: PC 6052
|Res SIT + Res Supp Tax |214.07 + 85.28 = 299.35
;:%%information Note: Higher than ‘CURRAGG’ method%%
*#Supplemental is Paid with Regular Wages, when SSP Method = ‘Flat Percent Method’
*#*this actually uses Method ‘Paid at Different Time than Regular Wages’\\ \\[US_Taxation _Supplemental Pay Processing_03.JPG]\\ \\Maryland Sup Rate 916.96 x 6.25% = 57.31\\Local Rate for Allegany County, MD 916.96 x 0.0305 = 27.97\\%%(indent:8em) = 85.28: PC 6052\\Res SIT + Res Supp Tax 214.07 + 85.28 = 299.35\\%%information Note: Higher than ‘CURRAGG’ method%%
*#Sup is Paid with Regular Wages, when SSP Method = ‘Current Aggregation’\\ \\[US_Taxation _Supplemental Pay Processing_04.JPG]\\ \\Res SIT + Res Supp Tax 214.07 + 71.52 = 285.59\\ \\%%information Note: same result as Vertex below%%
*#Sup is Paid with Regular Wages, Vertex Supplemental tax for Maryland:\\ \\[US_Taxation _Supplemental Pay Processing_03.JPG]\\ \\Work SIT = Res SIT + Res Supp Tax = 285.59
At line 212 removed one line
**Sup is Paid with Regular Wages, when SSP Method = ‘Current Aggregation’\\ \\[US_Taxation _Supplemental Pay Processing_04.JPG]\\ \\Res SIT + Res Supp Tax 214.07 + 71.52 = 285.59\\ \\%%information Note: same result as Vertex below%%
At line 214 removed one line
**Sup is Paid with Regular Wages, Vertex Supplemental tax for Maryland:
At line 216 removed 7 lines
Work SIT = Res SIT + Res Supp Tax = 285.59
This page (revision-22) was last changed on 26-Nov-2021 10:22 by mmcfarlandTop