HCM - JDE1 (MOSC)

MOSC Banner

Taxable for FIT but does not need to be withheld

edited Oct 1, 2014 5:01AM in HCM - JDE1 (MOSC) 2 commentsAnswered


The IRS allows the company to withhold FICA and Medicare with the option not to withhold FIT on inputed income calculated as the value of the personal miles driven in a company owned vehicle.

Can you tell me how to set up a non-cash benefit that would reflect this and still should up as Box 1 wages on the W-2?  Enterprise One 8.12 with Vertex.

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

E1 HCM Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center