Wiki source code of Paychecks and Reporting
Version 2.1 by christie w on 2023/02/14 20:11
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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. |