Misc
What is Qualified Parking and Transportation
special compensation routine that is funded by employee pretax deductions or employer-paid contributions.
What is the allowable limit for Transportation?
$260
STAT Screen for FIT and if taxable
TAXTF, no
What screen do you use in CCI to schedule the deduction code
DSCH
How are they shown on the Master Control?
Displayed as a scheduled amount with the deduction code set up on the SPC screen as well as YTD and QTD accumulator amounts.
What are the two types of Qualified Parking and Transportation?
1. employee pre-tax deductions
2. employer provided (treated as taxable fridge benefits)
What is the allowable limit for Transit Passes per year?
$3,120 per year
STAT Screen for FUTA and if taxable
FEDT and no
What screen do you go to, to view the special compensation screen
SPC
How are they shown on the Wage and Tax Register?
Displayed in the quantitative section.
How is the code entered in payroll?
Using the deduction codes set up in SPC screen. Enter the employee goal limit based on the annual maximums.
What is the allowable limit for Qualified Parking per month?
$260
STAT Screen for Social Security/Medicare
FEDT, No
What screen do you enter the deduction literals on?
DEDL
How are they shown on a W-2?
Box 1: wages, tips, other comp
Box 3: social security wages
Box 5: Medicare wages
Box 16: state wages
Box 18: local wages
How is an employer entered in payroll?
enter as an earnings and a deduction using the codes set up on the SPC screen. Enter the goal limits bases on the annual maximums.
$3,120
STAT screen for SIT and if taxable
TAXTS, varies
What code in CCI do you use for 401k?
Code D
True or False: do you need to assign a YTD and QTD accumulator?
True
How are prior Employee Pretax Deductions made?
On an ASP procession, enter a Type 1 adjustment
How are Employer Pretax Deductions made?
On a ASP procession, enter a Type 1 adjustment
STAT Screen for SUI/SDI and if taxable
SUIT and no
What screen in CCI do you view the tax report and company information part 1 on?
TRCO
Who's the shortest one in this group?
Sophia