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Federal Taxes List

Access this report using Reports>Payroll>Lists>Federal Taxes.

Use this report to obtain a list of the federal tax information entered using Maintain>Payroll>Federal Taxes.

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Column	Description
Tax Type	The federal tax type code. A list of available codes are as follows: FIT (Federal Income Tax) SS (Social Security Tax) MC (Medicare) FUTA (Federal Unemployment Tax)
Tax Type Title	The name of the Tax Type, such as, Federal Income Tax, Social Security Tax, Medicare, Federal Unemployment Tax.
Expense GL Code	The General Ledger expense account number for the federal taxes.
Liability GL Code	The General Ledger liability account number for the federal taxes.
Employee Social Security Tax Override Official Values	A designation of Yes or No, depending on whether "Override Official Values” was selected for the Social Security Tax on the Employee FICA Taxes tab.
Employee Social Security Tax Maximum Annual Subject Wages	The amount entered as the employee’s maximum annual subject wages for the Social Security tax on the Employee FICA Taxes tab.
Employee Social Security Tax Percent of Wages	The percentage entered as the employee’s maximum annual subject wages for the Social Security tax on the Employee FICA Taxes tab.
Employee Social Security Tax Calculation Method	The selected employee’s calculation method for the Social Security tax, such as, Year to Date or Current on the Employee FICA Taxes tab.
Employee Medicare Tax Percent of Wages	The percentage entered as the employee’s maximum annual subject wages for the Medicare tax on the Employee FICA Taxes tab.
Employee Medicare Tax Percent over $200,000	The percentage calculated when an employee’s wages subject to Medicare exceed $200,000.00 for the calendar year.
Employer Social Security Tax Override Official Values	A designation of Yes or No, depending on whether "Override Official Values” was selected for the Social Security Tax on the Employer FICA Taxes tab.
Employer Social Security Tax Maximum Annual Subject Wages	The amount entered as the employer paid maximum annual subject wages for the Social Security tax on the Employer FICA Taxes tab.
Employer Social Security Tax Percent of Wages	The percentage entered as the employer paid maximum annual subject wages for the Social Security tax on the Employer FICA Taxes tab.
Employer Social Security Tax Calculation Method	The selected employer paid calculation method for the Social Security tax, such as, Year to Date or Current on the Employer FICA Taxes tab.
Employer Medicare Tax Percent of Wages	The percentage entered as the employer paid maximum annual subject wages for the Medicare tax on the Employer FICA Taxes tab.
FUTA Tax Override Official Values	A designation of Yes or No, depending on whether "Override Official Values” was selected for the employer paid federal unemployment taxes on the FUTA Taxes tab.
FUTA Tax Maximum Annual Subject Wages	The amount entered as the employer paid maximum annual subject wages for the Federal Unemployment tax.
FUTA Tax Percent of Wages	The percentage entered as the employer paid maximum annual subject wages for the Federal Unemployment tax.
Distribution Method	The distribution method of employer paid federal unemployment taxes. The system displays one of the following methods: AE (Follow Earnings on Timesheet) CE (Follow Earnings Used to Calculate the Tax) DC (Use Distribution Code)
Distribution Method Description	The description of the distribution method.
Distribution Code	The distribution code entered, if "DC" was selected as Distribution Method.
Distribution Code Description	The description of the distribution code.

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