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Supplemental taxes for bonuses over 1 million when federal taxes are set to exempt on the tax card

in Payroll and Global Payroll Interface (GPI) 1 comment

Summary:

As per the Federal guideline, employee need to pay mandatory tax on any bonus that is over 1 Million even when tax status is Exempt on their tax cards.

Does Oracle is able to calculate the supplemental tax for employees for bonuses over 1 Million when W4 is Exempt for federal tax.

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