Last updated on DECEMBER 16, 2015
Applies to:PeopleSoft Enterprise HCM Payroll for North America - Version 9.1 and later
Information in this document applies to any platform.
We are providing $75.00 holiday gift cards which the IRS considers to be taxable income. We need to understand how to process in PS. Our thought is to create an earnings code so the taxes are deducted and then a deduction code so the employee does not get the $75.00.
What is the best way to process this type of transaction?
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