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Social Security Tax Refund
Posted: Fri Mar 11, 2011 2:48 pm
by JaneMichael
How should I refund the differnce due re: the decrease of employee's contribution for Social Security? Can I do it through payroll?
Re: Social Security Tax Refund
Posted: Fri Mar 11, 2011 2:52 pm
by NeilZ
JaneMichael wrote:How should I refund the differnce due re: the decrease of employee's contribution for Social Security? Can I do it through payroll?
It is suggested that instead of a "refund" a correction should be made to the next Social Security withholding amount.
This thread should give you a good idea on how to do this:
viewtopic.php?f=3&t=5958
Re: Social Security Tax Refund
Posted: Mon Apr 04, 2011 11:03 am
by crystalv
I WENT THROUGH AND FIGURED HOW MUCH WAS OWED TO EACH PERSON. THEN WHEN I DID THE PAYROLL JUST LIKE NORMAL EXCEPT I I PULLED UP EACH CHECK DETAIL AND DOUBLE CLICKED SS ITEM. WHEN THE BOX COMES UP CHANGE IT TO MANUAL AND ENTER THE AMOUNT AS A NEGATIVE (YOU'LL HAVE TO ADD THE CURRENT DEDUCTION). THE NUMBER WILL APPEAR AS A NEGATIVE ON THE CHECK STUB BUT SINCE ITS A DEDUCTION IT ACTUALLY ADDS IT TO INCOME. THIS WILL KEEP YOUR ALL YOUR ACCOUNTS IN BALANCE AND YOU WONT HAVE TO CREATE A NEW ITEM. HOPE THIS HELPS!
Re: Social Security Tax Refund
Posted: Mon Apr 04, 2011 11:17 am
by NeilZ
Crystal ..
a friendly hint, please don't use CAPS LOCK when you're typing it looks like you're SHOUTING, and it gets really hard to read ...
