Employee deduction with taxable employer match

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Posted on by Community Member Microsoft Employee

Our company is implementing a stock purchase plan with an employer match based on a percentage of the employees purchase. The employee stock purchase is set up as an after tax deduction. We can set up the employer match as a deduction based on the employee deduction but are stumped as to how to add this amount to taxable wages. Is there a way to do this?

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Community Member Microsoft Employee on at

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RE: Employee deduction with taxable employer match

I appreciate your willingness to help. Thanks.
Thomas Franz 1,105 on at

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RE: Employee deduction with taxable employer match

Warren, just realized I answered this as though you were using Dynamics GP, not SL. It may be similar in SL, but I am not an SL payroll expert.
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Thomas Franz 1,105 on at

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RE: Employee deduction with taxable employer match

Hi Warren,

Going to make an assumption. You are going to setup the employer match as a "benefit" based on the employee deduction, correct? If so, you just need to ensure that the Benefit code is setup as "Subject to" the applicable tax types (e.g. Fed, State, etc.). Hope this helps!

Regards,

Tom Franz
Integrity Data