How to handle "Taxable Wages & Tips Subject to Additional Medicare Tax Withholding" in GP 10 payroll

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I'm trying to help one of our clients with her payroll concerns.

They have an employee on their payroll who in the week after next will have a year-to-date earnings of over $200,000. Now I did research his question and found out that there was an update to payroll on March 2013. Unfortunately, they are on GP 10 which will not get the update.

community.dynamics.com/.../attention-microsoft-has-released-the-new-payroll-941-service-pack.aspx

Now, it says that customers that are still on version GP10 can run the old report and manually do any calculations needed. But it doesn't specifically say how to do it.

Can anyone please advise how to handle this in GP 10? Including how to deduct the amount ($2xx,xxx * .009) from the employee's payroll.

Thanks in advance.

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L Vail 65,271 on at

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Hi,

You can just modify the tax table to include the additional tier. The 941 will not print out correctly, but the withholding will be right.

Kind regards,

Leslie

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Community Member on at

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That did it. Thank you Leslie! Have a great day!

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Dorothy Baker 190 on at

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I am currently using GP 10 and I manually updated the tax table to include the additonal tier in November. However, I have an employee who met 200k on the April 15th payroll. Does anyone know how I can correct this in GP?

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