Report for Box 1 of the W2 balance value
Summary
Provide a list of highly compensated employees using Box 1 of the W2Content
I am trying to get a list of highly compensated employees whose Wages, Tips, other compensation is nearing $1MM. I am using the Payroll - Payroll Balances Real time subject area and can get to the Balance Name "FIT Reduced Subject Withholdable" value but it seems to be 4x the actual monthly balance. I used a formula to divide the balance by 4 and after validating it seems to work. I want to know if there is a better way to get the actual balance as opposed to a calculation. Attached is a copy of my XML.
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