Incorrect FIT Taxes Taken For Supplemental Earnings Amounts of Less than $2.00
Last updated on JULY 13, 2016
Applies to:Oracle HRMS (US) - Version 22.214.171.124 and later
Information in this document applies to any platform.
Payroll run takes excess for supplemental elements though the Supplemental tax rate is set to Flat in the Federal Tax Rules.
For a supplemental earnings amount of 1.12, the FIT tax taken is 0.97. Correct taxes are taken if the supplemental earnings amounts are greater than $2.00
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