941 is calculating Fraction of Cents incorrectly

Large amount shows on line 7b when employee is set to "Report Only, No Withholding"

941 is calculating Fraction of Cents incorrectly

"Report only, No withholding" will not withhold taxes on checks however Social Security and Medicaid will still be considered the responsibility of the employer and will be calculated when as such when producing the 941.

The report compares what’s been withheld for SS/Med for all wages report as subject to tax on it, looks at the schedule B if they are semiweekly depositors, and if there’s a discrepancy, puts it in fraction of cents.

 

 

 

Environment

 7.78.687, patch 10

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