Employee Maintenance

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Tax Calc Tab

The Tax Calc Tab is used to compute Federal and State withholding percentages when the "Use Calculated Percentages" button is clicked.  If the "Use Default Percentages" button is clicked, Federal Payroll Taxes are computed using the currently loaded US Federal Tax Table.

1. WWW.PAYCHECKCITY.COM--WWW.PaycheckCity.Com is the Internet leader in providing Federal and State payroll tax information.  Most major Payroll System Providers utilize Pay Check City's complete Library of State and Federal Tax Tables.   Click the dialog button to launch Paycheck City's Withholding Calculation form.  Complete the Pay Check City form based on the Payment Frequency/Cycle selected on the Payroll Tab.  Click Calculate to determine your standard Pay Period withholdings and then cut and paste the amounts into the corresponding PMT Amount block highlighted in YELLOW.  After all the values have been entered from the Pay Check City form,  click the "Calculate Withholding Percentage" button to determine your standard withholding percentage per pay period.  Finally save the record and you have permanently save the employee's Federal and State payroll deduction percentages.     

2. Compute With Pay Check Calculator 


PERIOD GROSS PAY--Used to enter or show the employee's gross pay amount.  This value is automatically taken from the Payroll Tab.  The PERIOD will changed depending on Payment frequency/cycle selected on the Payroll Tab.

FEDERAL WITHHOLDING AMT--Used to enter or show employee's Federal Withholding Amount taken from Pay Check City's Pay Check Calculator. 

SOCIAL SECURITY WITHHOLDING AMT--Used to enter or show employee's Social Security  Withholding Amount taken from Pay Check City's Pay Check Calculator. 

MEDICARE WITHHOLDING AMT--Used to enter or show employee's mMedicare Withholding Amount taken from Pay Check City's Pay Check Calculator. 

STATE WITHHOLDING AMT--Used to enter or show employee's State Withholding Amount taken from Pay Check City's Pay Check Calculator. 

3. CALCULATE WITHHOLDING PERCENTAGES--Used to calculate Federal and State withholding percentages based on dollar amounts taken from Pay Check Calculator.

USE DEFAULT PERCENTAGES-- Used to select the DEFAULT Federal and State withholdings using US Federal Tax Table and a default State Percentage Amount.  Default State Percentages can be changed in the Company Entry and Maintenance Module.

USE CALCULATED PERCENTAGES--Used to select the Calculated Percentages and computed in the "Compute With Pay Check City Calculator" section.