Local Taxes Subtask
You can view withholding of payroll taxes for employees based on their local withholding forms.
Contents
Field | Description |
---|---|
Local Tax | This field displays the employee’s a six-character locality code as of the transaction date/time. |
Local Tax Name | This field displays the local tax description. |
State | This field displays the state assigned to the specified local tax code on the Manage Local Taxes screen. |
Priority | This field displays a value between 1 and 9999. This establishes the order in which the local tax will be withheld when payroll is computed. |
Filing Status | This field displays the employee's the local tax filing status as of the transaction date/time. |
Filing Status Description | This field displays the description for the employee's local tax filing status. |
Exemptions | This field displays the number of local tax exemptions claimed by the employee as of the transaction date/time. |
Dependents | This field displays the number of local tax dependent credits claimed by the employee as of the transaction date/time. |
Credit | This field displays the number of local tax credits claimed by the employee as of the transaction date/time. |
Override Amount | This field displays the employee's local tax override amount as of the transaction date/time. This amount overrides the system-calculated amount. Costpoint uses this amount for each pay period. |
Override Percent | This field displays the employee's local tax override percent as of the transaction date/time. Costpoint will multiply this override percentage by the local taxable wages to determine the local tax withholding each pay period. This percentage will be used in place of the local tax tables. |
Additional Amount | This field displays the employee's local tax additional withholding amount withheld as of the transaction date/time. This amount is added to the system-calculated amount each pay period. |
Start Date | This field displays the date when the local tax starts. This date is normally the pay period start date. If the start date is later than the pay period end date, the local tax starts in the following pay period. If the field is blank, the local tax withholding should starts immediately. |
End Date | This field displays the date through which the local tax must be withheld. This date is normally the pay period end date. If this field is blank, this local tax continues indefinitely. |
Pennsylvania Resident PSD Code | This field displays the Pennsylvania Political subdivision code (PSD) assigned to the municipality in which the employee lives. This field is populated if an employee lives in Pennsylvania. |
Pennsylvania Worksite PSD Code | This field displays the Pennsylvania political subdivision code assigned to the municipality in which the employee works, if applicable. If the employee lives in Pennsylvania, but physically works outside of Pennsylvania, this field may be blank. |
Pennsylvania Local Tax PSD Code | If the local code is linked to the state of PA (Pennsylvania), this field displays the PSD Code assigned to the local code. This value is not stored in the database. |
Parent Topic: Subtask of the Employee Taxes Screen