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general:deduction_code

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general:deduction_code [2018/07/24 18:20] – external edit 127.0.0.1general:deduction_code [2021/04/27 14:03] (current) emoreno
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 <WRAP Box> <WRAP Box>
-**Note**:  If a 457 deduction refund is necessary, the deduction code associated with the D2 type deduction should be used so that a flat amount can be refunded. If a D1 type deduction is used, the system does not use the amount entered but calculates the amount based on the salary being paid. If you do not have a D2 type deduction, navigate to the Tables > Tax/Deductions > Deduction Code tab to establish a D2 type deduction, and then select that type of deduction on the tab.+**Notes**: 
 +\\  \\     
 +Deduction code 001 should only be used for extra withholding.\\  \\  If a 457 deduction refund is necessary, the deduction code associated with the D2 type deduction should be used so that a flat amount can be refunded. If a D1 type deduction is used, the system does not use the amount entered but calculates the amount based on the salary being paid. If you do not have a D2 type deduction, navigate to the Tables > Tax/Deductions > Deduction Code tab to establish a D2 type deduction, and then select that type of deduction on the tab.
 </WRAP> </WRAP>
  
general/deduction_code.1532456410.txt.gz · Last modified: 2018/07/24 13:20 (external edit)