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The Total Gross and Applicable Gross fields for the Federal, State, City (if the "Tax Non Cash Earn" field is checked on the city tax record found on the Core>Payroll Item Configuration screen), OSDI, and Medicare. This is reflected on the W2 Report. When the employee files their city taxes, they will owe city tax (if applicable) for the life insurance amount not paid through the system.
11. Medicare withholding withholding must be paid. If the Medicare withholding was paid by the employee and employer or it was entirely paid by the employer, Adjustments must be made to the 692-Medicare-Employee Amount Withheld and Board Amount of Payroll Item Create adjustments for the Medicare payroll item(s).
- If the employee is responsible for paying their portion of Medicare, the following adjustments will need to be created:
- Go to Core>Adjustments.
- Click Create.
- Enter the Employee, Payroll Item 692, Type of Amount Withheld, a Transaction Date, Amount equaling the calculated Medicare amount, and a Description for future reference.
- Click Save.
- Go to Core>Adjustments.
- Click Create.
- Enter the Employee, Payroll Item 692, Type of Board's Amount pf payroll item, a Transaction Date, Amount equaling the calculated Medicare amount, and a Description for future reference.
- Click Save.
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- If the Medicare is fully board paid (referred to as Medicare Pickup), then the
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- following adjustment will need to be created:
- Go to Core>Adjustments.
- Click Create.
- Enter the Employee, Payroll Item 692, Type of Board's Pickup Amount of Payroll Item, a Transaction Date, Amount equaling the calculated Medicare amount, and a Description for future reference.
- Click Save.
