Last modified by Peytience S on 2023/10/30 19:21
From version 2.1
edited by christie w
on 2023/02/01 22:15
Change comment: There is no comment for this version
To version 1.1
edited by christie w
on 2023/01/12 17:39
Change comment: There is no comment for this version

Summary

Details

Page properties
Content
... ... @@ -1,26 +2,2 @@
1 - The new OR STT, effective on all paychecks issued on or after July 1, 2018, is deducted from employee wages at a rate of 0.1% on all Oregon Wages.
2 2  
3 -Payment for the STT tax is made quarterly with a payment voucher and an annual reconciliation report is due each January for the year just ended. Both will be included in the Print & Mail Reports once they have been approved by Oregon for submission.
4 4  
5 -To set up the new Oregon STT deduction in your payroll program:
6 -
7 -*
8 -** Go to Payroll Items and on the left side where you see your employee names click on **"Employee List Settings** " in red at the top of the list.** **
9 -
10 -*
11 -** To the left under **"Deductions"** in red click on the **"NEW"** box.
12 -
13 -*
14 -** From the **"Type**" drop down menu choose **"Training"** ~-~-** Although technically it is not a training tax, choose Training for the Type as it will then show up on the payment voucher and annual reconciliation report for the Oregon STT**
15 -
16 -*
17 -** From the **"Calculation Method"** drop down menu choose **"Percent of Gross"**
18 -
19 -*
20 -** In the rate box below enter** 0.1**
21 -
22 -*
23 -** If you post your payroll to **Quickbooks** choose the **Liability Account **under the **"Accounting Links"** to post the STT tax to
24 -
25 -*
26 -** Click **OK** to create the OR STT deduction