US Payroll Legislative Update for 3rd Quarter 2026 Negative Wages Handling for Federal Taxes
Summary:
We would appreciate some additional clarification on this. Could anyone provide more context or elaborate on what this means?
USOPTE will now generate negative gross and negative exempt balances for the following Federal taxes:
FIT
FUTA
Social Security EE and ER
Medicare EE and ER
Previously USOPTE payroll calculations were setting these federal level balances to zero.
Thanks
Varsha
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