Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

  •  Go to Core/Adjustments
    • Click 'Create'
    • Employee - Find employee by typing in a few characters of first or last name
    • Payroll Item - Choose Federal Tax 001
    • Type - Choose Total Gross
    • Transaction Date - Enter or choose date from calendar
    • Amount - Enter in the amount for the taxable third party pay
    • Description - Enter in a description (optional)
    • Click 'Save'
  •  Go to Core/Adjustments
    • Click 'Create'
    • Employee - Find employee by typing in a few characters of first or last name
    • Payroll Item - Choose Federal Tax 001
    • Type - Choose Applicable (Taxable) Gross
    • Transaction Date - Enter or choose date from calendar
    • Amount - Enter in the amount for the taxable third party pay
    • Description - Enter in a description (optional)
    • Click 'Save'
  •  Repeat the same process for the following records:
    • Ohio
    • OSDI (if applicable)
    • Medicare 

      Note

      On the medicare record, increase the total medicare tax by any amounts the company withheld from the benefit

      •  

        Go to Core/Adjustments

        • Click 'Create'

        • Employee - Find employee by typing in a few characters of first or last name

        • Payroll Item -Choose Medicare Tax 6XX

        • Type - Choose Amount Withheld

        • Transaction Date - Enter or choose date from calendar

        • Amount - Enter in the amount withheld from the benefit by the third party

        • Description - Enter in a description (optional)

        • Click 'Save'

      •  

        The district will need to pay any board amount that is due for it to show properly on the W2:

        •  Go to Core/Adjustments
          • Click 'Create'
          • Employee - Find employee by typing in a few characters of first or last name
          • Payroll Item - Choose Medicare Tax 6XX
          • Type - Choose Amount Withheld
          • Transaction Date - Enter or choose date from calendar
          • Amount - Enter in the amount the board needs to pay
          • Description - Enter in a description (optional)
          • Click 'Save'

...

      •  Go to Core/Adjustments
        • Click 'Create'
          • Employee - Find employee by typing in a few characters of first or last name
            • Payroll Item - Choose City Tax Code XXX
              • Type - Choose Total Gross
              • Transaction Date - Enter or choose date from calendar
              • Amount - Enter in the amount to increase the total gross by
              • Description - Enter in a description (optional)
              • Click 'Save'
      •  Go to Core/Adjustments
        • Click 'Create'
          • Employee - Find employee by typing in a few characters of first or last name
            • Payroll Item - Choose City Tax Code XXX
            • Type - Choose Applicable (Taxable) Gross
              • Transaction Date - Enter or choose date from calendar
            • Amount - Enter in the amount to increase the applicable gross by
            • Description - Enter in a description (optional)
            • Click 'Save'

Tip

If desired, calculate the tax amount due on the payment and enter that figure as an error adjustment on the City Payroll Item for a remaining payroll; otherwise the employee will have to pay the tax later

...