Payroll for NA / Time and Labor - PSFT (MOSC)

MOSC Banner

Taxable Gross Components on Nontaxable Deductions

edited Mar 30, 2022 1:16PM in Payroll for NA / Time and Labor - PSFT (MOSC) 6 commentsAnswered ✓

We are seeing some unusual taxation on the new WA Paid Leave tax in Tax Update 19-C, and it makes us question if we understand the use of the Taxable Gross Component IDs and have potentially setup up deductions incorrectly.

We have a mandatory 401(a) retirement plan with an Employee deduction and an Employer match, and we've attached the delivered Component IDs 401K and 401R, respectively. The retirement account is a 401(a) account, not a 401(k), but we attached it to this deduction because it is still a pre-tax retirement account, the thinking being that all pre-tax retirement accounts would be treated by the states similarly.

Tagged:

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

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center