1099R Box 12 Is Showing On Printed Form And 1099R Register, But 0.00 In The Magnetic File (Doc ID 1674714.1)

Last updated on DECEMBER 06, 2016

Applies to:

Oracle HRMS (US) - Version 11.5.10.2 and later
Information in this document applies to any platform.

Symptoms


1099R Box 12 is showing on printed Form 1099R and 1099R Register, but 0.00 in the 1099R Magnetic File

The issue is related to Form 1099R Box 12 (SIT Withheld)

The Form 1099R Box 12 (SIT Withheld) is showing on the printed Form 1099R and the 1099R Register, but the information for 1099R Box 12 (SIT Withheld) in the Magnetic file is showing 0.00 (zeros) (NOTE: Box 14 State Distribution = 0.00)

Steps to Reproduce:
The issue can be reproduced at will with the following steps:

1099R GRE has 90 disabled retirees whose payments are exempt from FIT and SIT
FIT and SIT are being withheld at the request of the retirees as they still have a Federal and State tax obligation.

A Tax Deduction Element was created to deduct the FIT and SIT from the employee

FIT OVERRIDE
SIT OVERRIDE

The element processes in the monthly "Payroll" run and deducts the SIT and FIT from the employee


Cause

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