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Former Member
May 27, 2008 at 11:59 AM

US-Payroll

16 Views

Hi Friends,

Iam having an issue which is related to Local Tax.

The details are given below

Gross Pay= 2489.20

Pre-tax deductions

Medical 52.53

Dental 36.15

Flex.H 56.58

Defercmp 294.33

Taxable income=Grosspay-All pre-tax deductions=2049.61

Local tax = 1% of Taxable income

As per the formula Local tax = 20.49 but it displaying as 23.44.

I hav checked the 65, 67 etc., processing classes.

But there is no change.

Kindly help in this where the issue is raising and how should solve ASAP.

Thanks in Advance.

Pranathi