EAP WTHD20: Correction Copy B Form Generated With Incorrect State Income Amount When Withholding Basis Amt Values Are Changed
(Doc ID 2744675.1)
Last updated on OCTOBER 17, 2022
Applies to:
PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]Information in this document applies to any platform.
Symptoms
Correction Copy B Form generated with incorrect State Income Amount when Withholding Basis Amt values are changed.
STEPS
Original File
1. USA0000018 > 1099N - Class 01 > State Income = 800.00
2. USA0000019 > 1099M - Class 02 > State Income = 900.00
3. Adjust Withholdings > USA0000018 > Basis Amt = 5200.00
4. Adjust Withholdings > USA0000019 > Basis Amt = 3000.00
5. 1099 Job > IRS file and Copy B Forms are correct
6. Withholding Sent File process
Correction File
1. Adjust Withholdings > USA0000018 > change Basis Amt from 5200.00 to 5000.00
2. Adjust Withholdings > USA0000019 > change Basis Amt from 3000.00 to 3500.00
3. 1099 Job
4. USA0000018 1099-NEC Copy B Form State Income field contains State Income amount for USA0000019 = 900.00
Changes
Cause
To view full details, sign in with your My Oracle Support account. |
|
Don't have a My Oracle Support account? Click to get started! |
In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |