Can PeopleSoft Payroll handle Puerto Rico Wage Exemption - Box 16

Youth Wage Tax Exemption for Puerto Rico

My users asked if PeopleSoft has the ability to move the first 40K of wages earned by employees receiving a W-2PR from Box 7(taxable) to Box 16(exempt). All of the PeopleSoft references are old back to 2017. They found an Oracle Fusion document that referred to the topic, but not PeopleSoft.

I found this old document; but nothing recent.

https://support.oracle.com/epmos/faces/DocumentDisplay?id=1278460.1&parent=WIDGET_RECENTLY_VIEWED&sourceId=1278401.1

Thanks!