PRINT FEDERAL QTRLY PR TAX RPT   

Use this screen to print information in a summarized form relating to amounts that are required to be reported on the quarterly Form 941 and on the annual Form 940. The source of the information on this report is the Employee Earnings table. To obtain backup information for this report, print the Earnings Report or review Payroll Journals. You can print this report for any calendar quarter or for any check date range within the same payroll year.

This report prints "YTD Gross," "QTR Gross," "QTD Gross Less Federal Exempt Deductions," "QTD Taxable Social Security Wages," "QTD Taxable Medicare Wages," and "QTD FUTA Wages," for each employee, as well as totals for each state and the number of employees on the report. Employees are not included on the report if they had no wages in this period, even if their working state is printed. The last page of the report includes summarized report totals, plus a comparison of computed social security and Medicare liabilities.

Print this report at the end of each calendar quarter to obtain information relating to amounts required for the Form 941 quarterly report. This report also provides the quarterly and YTD FUTA liability, so that a FUTA tax deposit can be made. You can print this report for any quarter or for any check date range within the same payroll year.

Multi-state functionality has been added to a number of applications. This functionality allows the proper calculation of withholdings for employee who work in multiple states during a single pay period. Because of new tables needed for multi state calculation, the payroll reports will have to look to a new table, EMPL_EARN_STATE, that can hold multiple state taxes for one paycheck.

Retention

This report is used only to assist in the preparation of the quarterly and annual tax reports and should not be considered part of the system audit trail.

Taxable Entity

Enter, or use Lookup to select, the taxable entity for which you wish to print this report.

Payroll Year

Enter the four-digit payroll year for which you wish to print this report.

Select Date Range

Use this group box to enter a range of check dates to include on the report.

From

Enter the starting check date to include on this report. The system date format is "MM/DD/YYYY."

To

Enter the ending check date to include on this report. The system date format is "MM/DD/YYYY."

Report Sources

Employee Earnings - EMPL_EARNINGS

Employee Earnings Pay Type - EMPL_EARN_PAY_TYPE

Employee Earnings Deduction - EMPL_EARN_DED

Basic Employee Info - EMPL

Federal Tax Info - FED_TAX_INFO

Taxable Entity - TAXBLE_ENTITY