Taxes based on cummulative YTD vs Annualized?
We have a sales force whose income fluctuates greatly from week to week. World appearently has fucntionality to allow these employees to calculate federal taxes based on the cummulative YTD wages, instead of annualized. Annualized income results in over/under withholding.
Is there a way to configure E1 (version 9.1) to calculate Federal/state taxes based on YTD wages, vs annualized?
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