Microsoft KB Archive Search

Notice: This website is an unofficial Microsoft Knowledge Base (hereinafter KB) archive and is intended to provide a reliable access to deleted content from Microsoft KB. All KB articles are owned by Microsoft Corporation. Read full disclaimer for more details.

  1. Home
  2. KB 864323 - SUTA or FUTA taxable wages are off by the amount of a TSA deduction in Microsoft Dynamics GP

KB 864323 - SUTA or FUTA taxable wages are off by the amount of a TSA deduction in Microsoft Dynamics GP

View products that this article applies to.

Symptoms

In Microsoft Dynamics GP or in Microsoft Business Solutions - Great Plains, State Unemployment Taxes (SUTA) or Federal Unemployment Taxes (FUTA) taxable wages are off by the amount of a tax sheltered annuity (TSA) deduction.

↑ Back to the top

Resolution

To resolve this problem, follow these steps:
  1. Use the appropriate method:
    • In Microsoft Dynamics GP 10.0, point to Tools on the Microsoft Dynamics GP menu, point to Setup, point to Payroll, and then click Unemployment Tax.


    • In Microsoft Dynamics GP 9.0 or in Microsoft Business Solutions - Great Plains 8.0, point to Setup on the Tools menu, point to Payroll, and then click Unemployment Tax.

  2. In the Unemployment Tax Setup window, type the two digit tax code in the Tax Code field.

  3. Select the Tax Sheltered Annuities check box.

  4. Select the TSA deduction that the SUTA or FUTA report is off by, and then click Insert to insert the TSA deduction as taxable wages.
  5. Click Save to save the unemployment record.

↑ Back to the top

More Information

By default, Microsoft Dynamics GP assumes a deduction as tax sheltered from SUTA or from FUTA if the deduction is sheltered from any taxes on the deduction setup. If this deduction should not be sheltered from SUTA or from FUTA, the deduction has to be included as taxable wages in the SUTA setup.

↑ Back to the top

Keywords: kbmbsmigrate, kbmbspartner, kbexpertiseinter, kbnosurvey, kbtshoot, kbexpertisebeginner, kb, kbprb

↑ Back to the top

Article Info
Article ID : 864323
Revision : 2
Created on : 2/9/2018
Published on : 2/9/2018
Exists online : False
Views : 250