Required Setup for Supplemental Earnings (U.S. only)
If you have employees that receive supplemental earnings, certain setups are required before you begin payroll processing to ensure that they are properly taxed.
The following discusses the setup required for supplemental earnings.
- Regardless of the Bonus sequence flag, if an employee's YTD supplemental earnings exceed the threshold, the system calculates tax on pay period earnings exceeding the threshold using the Tax Rate specified in PR Federal Info.
- If the employee's YTD supplemental earnings do not exceed the threshold, Federal tax is calculated on a Bonus pay sequence using the deduction.