Show "wages subject to" without accumulating tax liability
Posted: January 16th, 2012, 8:25 pmHow can I get a report that shows "wages subject to" without actually accumulating the tax liability?
To accumulate the wages subject to a tax without accumulating any tax liability, you create a user-defined tax with zero employee and employer contributions. Assign the tax to appropriate employees and run your normal payrolls. Print the Taxes Activity report for the tax you created to see the wages subject to the tax.
Detailed instructions:
Configure Tax Calculations
1. Run Payroll/Configure/Tax Calculations
2. Select ””, enter a Name for the tax, and accept the default of “None” for W-2 reporting.
3. Select “Percent of taxable earnings” at Employee Contribution Method. (You must select at least one contribution method.)
4. Select “None” at Employer Contribution Method.
5. Select the appropriate earnings configuration from the drop-down list at Earnings calculation.
6. Click the Options button.
7. Enter “0” at Percent.
8. Enter Maximum and Minimum taxable earnings if applicable.
9. Enter “0” at Contribution ceiling.
10. Click OK and Save changes.
Configure Taxes
1. Run Payroll/Configure/Taxes
2. Select the tax you set up in Steps 1 through 9 above.
3. Enter a liability account as required to save the tax. This account will not be used.
4. Review the Earnings include list to make sure that the correct pay factors are included.
5. Click OK and Save changes.
Configure Employees
1. Run Payroll/Configure/Employees
2. Add the tax you configured in Steps 1 through 4 above to the employees whose taxable wages should be included in the report you wish to produce.
Calculating ATF Payrolls
1. Run Calculate or ATF Payrolls
2. Run your payrolls as you usually do. (The zero-contributions tax appears in the calculate window but not on the check stub, Payroll Register, or Earnings Report.)
Taxes Activity Report
1. Run Payroll/Print/Taxes Activity
2. When you're ready to print the report, print Taxes Activity.
3. Select the tax you set up above, any other desired options, and preview or print the report.
To accumulate the wages subject to a tax without accumulating any tax liability, you create a user-defined tax with zero employee and employer contributions. Assign the tax to appropriate employees and run your normal payrolls. Print the Taxes Activity report for the tax you created to see the wages subject to the tax.
Detailed instructions:
Configure Tax Calculations
1. Run Payroll/Configure/Tax Calculations
2. Select ””, enter a Name for the tax, and accept the default of “None” for W-2 reporting.
3. Select “Percent of taxable earnings” at Employee Contribution Method. (You must select at least one contribution method.)
4. Select “None” at Employer Contribution Method.
5. Select the appropriate earnings configuration from the drop-down list at Earnings calculation.
6. Click the Options button.
7. Enter “0” at Percent.
8. Enter Maximum and Minimum taxable earnings if applicable.
9. Enter “0” at Contribution ceiling.
10. Click OK and Save changes.
Configure Taxes
1. Run Payroll/Configure/Taxes
2. Select the tax you set up in Steps 1 through 9 above.
3. Enter a liability account as required to save the tax. This account will not be used.
4. Review the Earnings include list to make sure that the correct pay factors are included.
5. Click OK and Save changes.
Configure Employees
1. Run Payroll/Configure/Employees
2. Add the tax you configured in Steps 1 through 4 above to the employees whose taxable wages should be included in the report you wish to produce.
Calculating ATF Payrolls
1. Run Calculate or ATF Payrolls
2. Run your payrolls as you usually do. (The zero-contributions tax appears in the calculate window but not on the check stub, Payroll Register, or Earnings Report.)
Taxes Activity Report
1. Run Payroll/Print/Taxes Activity
2. When you're ready to print the report, print Taxes Activity.
3. Select the tax you set up above, any other desired options, and preview or print the report.