Changes for page Paychecks and Reporting

Last modified by Peytience S on 2023/11/02 14:42

From version 3.1
edited by Peytience S
on 2023/11/02 14:42
Change comment: There is no comment for this version
To version 1.1
edited by christie w
on 2023/01/18 03:38
Change comment: There is no comment for this version

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1 -**Question:** If a pay period ends Dec 31st and the check date is Jan 2nd, is it a check for last year and reported as such?
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3 -**Answer: **According to [[IRS Publication 15>>url:http://www.irs.gov/pub/irs-pdf/p15.pdf]], which covers payroll, the date on the paycheck establishes the period that the check is reported in no matter when the wages are earned.
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5 -In the example given, a Jan 2nd paycheck date and a pay period ending date of Dec 31st would be a January check and would be reported with the January taxes and on the appropriate forms for the period.
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9 -== Related Pages: ==
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11 -=== [[Updating the Payroll Program>>doc:Mac.Year-End ».Updating the Payroll Program .WebHome]] ===
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13 -FAQ: Do I need to have all of my Federal and State Reports done prior to updating my payroll program?
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15 -
16 -=== [[Preparing Payroll for the New Year>>doc:Mac.Year-End ».Preparing Payroll for the New Year .WebHome]] ===
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18 -Read about how you can prepare your payroll for the New Year.
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20 -
21 -=== [[Year-End Checklist>>doc:Mac.Year-End ».Year-End Checklist .WebHome]] ===
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23 -Learn more about the Year-End Checklist.
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25 -
26 -=== [[Verifying New Tax Tables>>doc:Mac.Year-End ».Verifying New Tax Tables .WebHome]] ===
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28 -Read on how to verify tax tables if they have been installed.