This field displays the selected employee number and can only be viewed.
This field displays the selected year and can only be viewed.
Retirement Plan
Select this check box if the employee participated in a company pension or profit sharing plan during the selected year. The box for retirement plans on the W-2 form for the selected year will be marked for this employee. Clear this check box if the employee was not a participant during the selected year.
This field is available only if a year other than the current year is selected in the Employee Tax Summary window.
To make a change for the current year defined in Payroll Options, you must select or clear the Retirement Plan check box on the Benefits tab in Employee Maintenance.
Enter the total year-to-date deductions withheld from the employee for a pension or 401(k) plan. The information in this field is adjusted automatically as each payroll is processed.
Enter the total year-to-date deductions withheld from the employee for qualified cafeteria plans. The information in this field is adjusted automatically as each payroll is processed.
Enter the amount of dependent care contributions paid, including any amount in excess of the $5000.00 exclusion. An entry must be made in this field before processing W-2 forms for year end.
Enter the amount of distributions paid to employees from a nonqualified deferred compensation plan. This amount should be included as wages on the W-2 form. The information in this field must be manually entered before processing W-2 forms for year end.
Enter the amount of year-to-date tip allocations calculated for this employee. The information in this field is adjusted automatically as each payroll is processed.
This field displays the year-to-date fringe benefits amount received by this employee and reported as taxable income (for example, chauffeur services or personal use of a company car).
Enter the total year-to-date Social Security tax that has been deferred in the third quarter. The information in this field is adjusted automatically as each payroll is processed.
This field is available only for tax years 2020 and 2021. For more information, see Social Security Tax Deferral for Tax Year 2020.
Enter the total year-to-date Social Security tax that has been deferred in the fourth quarter. The information in this field is adjusted automatically as each payroll is processed.
This field is available only for tax years 2020 and 2021. For more information, see Social Security Tax Deferral for Tax Year 2020.
Enter the total year-to-date Social Security tax that has been paid back as part of the deferral program. The information in this field is adjusted automatically as each payroll is processed.
This field is available only for tax years 2020 and 2021. For more information, see Social Security Tax Deferral for Tax Year 2020.
