EPY:Additional Pay Earnings Taxed Separately
Last updated on APRIL 14, 2016
Applies to:PeopleSoft Enterprise HCM Payroll for North America - Version 8.8 SP1 and later
Information in this document applies to any platform.
Checked for relevance April 14, 2016
Additional Pay Earnings Taxed Separately
The customer is paying an employee some additional pay that was entered using the Additional Pay Panel. On Additional Pay Panel 3 it says: Tax Method - PaySheet. On the paysheet/PayLine, the regular pay says: Tax Method - Annualized. He gets: $1146.16 of regular pay that comes from the Job data, with annualized tax method, plus another row that shows $66.55 coming from Additional Pay Panel with different tax method. When customer runs the Pay Calc, he gets Taxable wages of $1212.71 but the tax withheld is calculated based only on $1146.16.
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