Payroll Item Descriptions for FICA/Med
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onemore4gsus
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Payroll Item Descriptions for FICA/Med
Should payroll item descriptions for FICA and Medicare be classified as "Tax Deduction" as opposed to "Other Deduction"? Thank you.
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Zorak
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Re: Payroll Item Descriptions for FICA/Med
Yes, those are tax deductions.
"Other deductions" would be things like retirement, health insurance, etc. that aren't taxes.
"Other deductions" would be things like retirement, health insurance, etc. that aren't taxes.