FICA withholding using new tables for employees already over income limit
US Desktop Payroll : Enhanced 2008
The help accompanying the new withholding tables says the income limit for FICA withholding has increased. We have several employees who have already exceeded the previous limit (i.e. maxed out their FICA). However, if the limit has now increased, I would think there should be additional FICA withholding for those employees--they and the employer will owe additional FICA withholding for the difference in income limits. QB is not calculating additional FICA withholding for these employees. How can this be fixed?
