Master Article - Proving out Federal Income Tax Withholdings Calculations in Payroll
Description of Issue
- I have employees that filled out the 2020 or later W-4, how do I calculate their new withholdings?
- Some employee's FIT withholding seems wrong or is 0.00.Â
- How do I calculate the employee's FIT withholdings if they filled out the 2020 or later W-4 and selected the Step 2 checkbox option?Â
Context
- Payroll
- Payroll Start and StatusÂ
- Earnings and DeductionsÂ
- Payroll Control Settings
- Deduction and Benefit Master
- Employee Deductions
- Employee Job/Salary
- Tax Tables
Cause
Resolution
- Use this article if the employee does not have the 2020 or later W-4 Option checked in Employee Deductions:
- Use this article if the employee has the 2020 or later W-4 checked but does not have the Step 2 checkbox checked in Employee Deductions:
- Use this article if the employee has filled out a new 2020 or later W-4 and has the step 2 checkbox checked:
Additional Information