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Support needed for New Mexico Workers' Compensation Employee Deduction Configuration Setup.

in Payroll and Global Payroll Interface (GPI) 2 comments

Summary:

We have configured the Employer Taxes Element for New Mexico Workers' Compensation, but we are yet to create the employee deduction portion. We are having trouble figuring out how to create an employee tax deduction for New Mexico Workers' Compensation. I'm attaching the New Mexico Workers' Compensation Tax ER Configuration document. Please review the document and help us configure the employee tax deduction portion.

Following is a brief description of the New Mexico Workers’ Compensation Fee.

The fee for the employer is $2.30 times the number of covered employees working on the last day of the quarter. 
The fee for covered employees working on the last day of the quarter is $2.00. Payment is due by the last day of the month following the end of the quarter. 

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