How can I include city taxes in Timetrex? For example, if the city is New York City, I want this name to appear on the W2 form and the taxes shown in the local wages and taxes column of the form.
Go to Admin -> Payroll -> Tax / Deductions and add a new Tax with the calculation type of: District / County Income Tax Formula. You can then select the country/state and in your case New York City.
By using that calculation type any amounts calculated will appear on W2's automatically.
When you setup the Tax / Deduction, the amounts calculated will appear on the pay stub as whatever Pay Stub Account you select. So we recommend creating a New York City Employee Deduction pay stub account, or using the default District/County Income Tax Pay Stub Account.
shaunw wrote:When you setup the Tax / Deduction, the amounts calculated will appear on the pay stub as whatever Pay Stub Account you select. So we recommend creating a New York City Employee Deduction pay stub account, or using the default District/County Income Tax Pay Stub Account.
Hi Shaunw,
Thanks again.
How can I change the default District/County Income Tax to New York City Tax?
Do I have to do the changes programmatically? If yes, how should I proceed in terms of the path to access the file to do the changes.
No files need to be changed, when adding the Tax / Deduction you can simply select New York City. If you want a specifically named Pay Stub Account simply change or create one under Admin -> Payroll -> Pay Stub Accounts.
shaunw wrote:No files need to be changed, when adding the Tax / Deduction you can simply select New York City. If you want a specifically named Pay Stub Account simply change or create one under Admin -> Payroll -> Pay Stub Accounts.
Hi Shaunw,
Thanks again.
I have done all what you have mentioned. In fact, what I want to change is the "District Income Tax" which appears on the Pay Stub. I want to change this to NY City Tax.
This will make it more clearer to my employees other than the "District Tax" which I know will raise a lot of eyebrows and questions.