When creating 401k calculation I choose to check "subject to: local income taxes". When creating a calculation for an employees local income tax it is calculated correctly. However, when creating calculation for an employees local school district tax, if contributing to regular 401k, the 401k contribution is not being calculated as a deduction. Therefore, need an option to distinguish if a calculation is subject to local income tax vs. local school district taxes.

by: Jessica L. | over a year ago | Payroll