E1: 07: The Puerto Rico (72) Youth Wage Credit Incorrectly Creates Double Excludable Amount (P07210, P07210I) (Doc ID 2960865.1)

Last updated on JULY 11, 2023

Applies to:

Symptoms

Puerto Rico Youth Wage credit states that the first $40K is not taxable if the employee is under 26 years of age. When processing the payroll check, the system is doubling the amount of the wage on the 72-F record and puts it in the excludable bucket in F06136 and F06166. This, of course, is creating negative taxable wages.

Steps To Duplicate

1. Create a Employee with National and Fiscal Data Tax Area (work and residence) set to Puerto Rico (72)
2. Add Additional Tax Override for this employee for this Employee for Puerto Rico (72) Tax Type F with data range 01/01/23-12/31/23 with PR youth credit field set to 1
3. Create an Interim (P07210i) for this Employee, click the purple calculator to calculate and go to Row exit to Tax Details and notice 72/F incorrectly doubles the excludable amount.

Changes

Cause

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