Use the General tab to select report options for the Form 940 Worksheet and to save sets of options for reuse.
Contents
| Field | Description |
|---|
| Report Name
|
You can change the default report name.
|
| Field | Description |
|---|
| W-2 Year
|
Select the Form W-2 year for which you want to generate the report.
|
| W-2 Quarter
|
Select the Form W-2 quarter for which you want to generate the report.
|
Employee Sort
Specify the sort order for the employees included in the report:
| Field | Description |
|---|
| Number
|
Sort by employee number.
|
| Last Name
|
Sort by employee last name.
|
Other options
| Field | Description |
|---|
| Report Format
|
Select one of the following formats for displaying employee gross pay, 125/Cafeteria contributions, and total wages subject to tax:
-
QTD/YTD: Quarter-to-date and year-to-date amounts.
-
Current/QTD: Current accounting period and quarter-to-date amounts.
-
Current/YTD: Current accounting period and year-to-date amounts.
|
| Wage Base
|
Enter the annual wages that are subject to Federal Unemployment Insurance tax.
|
| Percentage
|
Enter the Federal Unemployment Tax percentage to apply to the taxable wages.
|
Exclude from Total Payments
| Field | Description |
|---|
| Exclude Bonus
|
Select this check box if you do not want the report to include bonus pay.
|
| Exclude Adjustment
|
Select this check box if you do not want the report to include payroll adjustments.
|
Additional Exempt Payments
| Field | Description |
|---|
| Withholdings
|
Select other withholding amounts that you want to exclude from the taxable wages. For example, you might exclude 401(k) contributions. The
Add'l Exempt Payments column on the worksheet displays the amount for the excluded types of withholding and the excluded contributions.
|
| Contributions
|
Select employer contributions that you want to exclude from the taxable wages. For example, you might exclude employer matching contributions to 401(k) accounts. The
Add'l Exempt Payments column on the worksheet displays the amount for the excluded types of withholding and the excluded contributions.
|
