Versions Compared
Version | Old Version 3 | New Version 4 |
---|---|---|
Changes made by | ||
Saved on |
Key
- This line was added.
- This line was removed.
- Formatting was changed.
Subscribe to the SSDT Newsletter by clicking here. Your email will be added to a distribution list.
Article 1 -
Article 2 -
Useful links:
Implementing: The ITC is running test imports and balancing reports on the entity
Panel | ||||||||
---|---|---|---|---|---|---|---|---|
| ||||||||
That there is There has been a one -year increase in the exclusion for employer-provided dependent care benefits changing from $5,000. The change is from $5000.00 to $10,500.00 for the 2021 taxable year under the American Rescue Plan Act . |
REDESIGN STATUS
525
Sites Live on Redesign
196
Total Wave 7 Sites
17
Participating ITCs
543
Total Districts Participating
Please view the Current List of Districts & Status to see a comprehensive list of school districts along with their ITC, implementation status and the wave they are scheduled to migrate from Classic to Redesign.
The following terminology is used to determine where in the implementation process the entity is currently at:
. |
Live: The entity is using Redesign for production processing; no parallel processing is being performed; Classic is available in 'read-only' mode.
Panel | ||||||||
---|---|---|---|---|---|---|---|---|
| ||||||||
Deceased Employee Information- If you made the payment in the same year the employee died and the employee was paying into Social Security and Medicare you must withhold Social Security and Medicare taxes on the final payment. Report the payment on the employee’s Form W-2 only as Social Security and Medicare wages to ensure proper Social Security and Medicare credit is received. If you made the payment in the same year the employee died and the employee was paying into Medicare you must withhold Medicare taxes on the final payment. Report the payment on the employee’s Form W-2 only as Medicare wages to ensure proper Medicare credit is received. If you made the payment after the year of death, do not report it on Form W-2, and do not withhold Social Security and Medicare taxes. Whether the payment is made in the year of death or after the year of death, you also must report it in Box 3 of Form 1099-MISC, Miscellaneous Income, for the payment to the estate or beneficiary. Use the name and taxpayer identification number (TIN) of the payment recipient on Form 1099-MISC See Deceased Employee Final Payment document for complete details pertaining to the payment for a deceased employee. |
REDESIGN STATUS | |
---|---|
525 Sites Live on Redesign | 196 Total Wave 7 Sites |
17 Participating ITCs | 543 Total Districts Participating |
Please view the Current List of Districts & Status to see a comprehensive list of school districts along with their ITC, implementation status and the wave they are scheduled to migrate from Classic to Redesign.
The following terminology is used to determine where in the implementation process the entity is currently at:
Implementing: The ITC is running test imports and balancing reports on the entity. The district and ITC are working to schedule dates to begin dual processing and go live.
Paralleling: The entity is inputting all production transactions into both Classic and Redesign.
Live: The entity is using Redesign for production processing; no parallel processing is being performed; Classic is available in 'read-only' mode.