Third Party Sick Pay taxes to ADP on the Third-Party Tax Quarterly Tax file
Summary:
Payroll has a need to send Third Party Sick Pay taxes to ADP on the Third-Party Tax Quarterly Tax file and to record these external payments for year-end reporting. Has anyone reported 3rd party sick on their Third-Party Tax file report and only include the Employer social security and Medicare taxes owed on the third-party payments to ADP? How did you set this up?
In researching, it appears we need to setup "new" tax elements to use for these 3rd party payments (attached document). Has anyone used the approach of setting up "new " tax elements? How did you setup an element to pay State Paid Leave through Oracle but need to exclude these from Social Security and Medical taxes?
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