What Is The Best Practice For Handling Pre-Tax Deduction Arrears That Carry Over To The Next Year?
(Doc ID 1485344.1)
Last updated on APRIL 04, 2025
Applies to:
Oracle Payroll - Version 12.1.2 and laterInformation in this document applies to any platform.
Goal
What is the Best Practice for handling Pre-Tax deduction arrears that carry over to the next calendar year?
Our understanding of IRS regulations is that cafeteria plan arrears that carry over to the next year and are deducted are not Pre-Tax deductions in that subsequent year.
What is the best way to track and handle these to assure compliance with IRS guidelines?
Solution
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In this Document
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