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2011 Changes in employee ss withholding

Posted: Tue Jan 04, 2011 1:50 pm
by lindac
I am still using PCP version 9. I don't quite understand how to separate the 6.2% employer liability from the new 4.2% employee liability for Social Security other than to manually figure the amounts. Payroll is not my strong area and I realize I need to upgrade but am not secure enough to make a huge change at end of year.
Can someone help me figure this out please?
Your help is greatly appreciated! :(

Re: 2011 Changes in employee ss withholding

Posted: Tue Jan 04, 2011 1:54 pm
by tborgal
Check the end of this thread for an explanation of how to handle this.
viewtopic.php?f=1&t=5517&start=15#p19170

Re: 2011 Changes in employee ss withholding

Posted: Tue Jan 04, 2011 2:39 pm
by lindac
My PC version didn't match your detailed explanation but I did find a reference to a PC notification in that thread for version 10.4 and prior. It was easy to follow. Thank you so much, you just lifted a TON of stress off my life!! What a blessing! :D