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US PAY: Voiding a check in the prior year and the tax consequences
Hello,
I have a question, in February, we voided a check from December and wrote a replacement. Well, at the end of last year the employee had met his Soc Sec limit.
We filed our 941 in April. This week, I received a notice from the IRS stating my Medicare & Soc Sec wages don’t match. I traced it back to this check.
How do I fix this in Oracle Payroll? I don’t want the employee to have to claim the wages both years. Do I need to issue a W-2C?
Do we need to do balance adjustments?
Thank you
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