940 Sch A calculation - MN
EasyAcctSch A (From 940), under the EasyACCT program, is pulling in FUTA taxable wages minus wages not subject to SUTA in the calculation for the MN credit reduction. Is this correct?
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sandy68
Questions asked: 6
Questions answered: 3
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Questions answered: 3
Points earned: 3
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01/24/12 4:34pm PST
Viewed by asker 01/31/12 7:26am PST
Viewed by asker 01/31/12 7:26am PST
2 Replies
01/27/12 8:50am PST
Hi Sandy,
I tried duplicating the problem you're experiencing and wasn't able to. The amount pulling into Schedule A there should only include FUTA taxable wages.
It may have something to do with the employee setup. For instance if you have something in the Wage/Withholding screen that is setup as taxable for FUTA and not SUTA. Double check the Wage/Withholding screens for each employee looking for the following:
- Are there any GP items setup that do not have FUTA checked but do have a SUTA code?
- Are there any WH items setup with FUTA checked and a blank SUTA field?
01/27/12 8:53am PST
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That is correct. It is in the case of a shareholder employee subject to FUTA but not SUTA. The employee is set up correctly.
