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US PAY: Group Term Life Insurance
Does anyone know how the element Group Term Life Insurance can be set up to process in a payroll run without processing any earnings. The business currently does not want the element to process during the payroll run but to process a special payroll run at the end of the year to only include this imputed income which means that the SS and medicare would be withheld and the federal and state taxable wages would be populated with the includable life amounts in those balances, which would mean that it would populate the information in Box 1, 3, 4, 5, 6 and Box 12C correctly for W2's.
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