Payroll set up for non-taxables and/or taxable for ss only.
Posted: Wed Jan 11, 2006 12:13 pm
Can anyone tell me how to properly set up payroll with a medical flexable spending account (non-taxable) and also a pension contribution (taxable for ss and medicare only). I need the system to correctly compute the fed w/h tax; ss; medicare; and also report the proper amounts into boxes 1, 3, and 5 of the W-2. I have some employes that are salary and some that are paid hourly. It is the hourly ones that creat the most problem. Any suggestions?
I'm losing my hair very quickly!
I'm losing my hair very quickly!