| Description |
The IRS is changing the way taxes are calculated.
Basic exemptions will not be used for any employee who has filled out a 2020 W-4
Employees with older w-4s on file will continue to be calculated as they were before.
We will need to add a:
check box for 2020 w4
check box for W4 step 2-c
Field for 3) Claim Dependents
field for 4a) Other Income
Field for 4b) Deductions
field for 4c) Extra Withholding -- _no need _ [~kris.lindower] please confirm.
[http://inet.irelyserver.com/display/PR/2020+W4]
[https://www.irs.gov/pub/irs-pdf/fw4.pdf]
[https://www.irs.gov/pub/irs-dft/p15t--dft.pdf]
Technical Side:
-Add Employee Tax W4 configuration controls for the ff:
1. check box for 2020 w4
2. check box for W4 step 2-c
3. Field for 3) Claim Dependents
4. field for 4a) Other Income
5. Field for 4b) Deductions
-Add Employee Tax Table fields for the newly added W4 configuration controls. (tblPREmployeeTax)
1. [ysnW42020] BIT DEFAULT ((0)) NULL,
2. [ysnW4Step2c] BIT DEFAULT ((0)) NULL,
3. [dblW4ClaimDependents] NUMERIC (18, 6) DEFAULT ((0)) NULL,
4. [dblW4OtherIncome] NUMERIC (18, 6) DEFAULT ((0)) NULL,
5. [dblW4Deductions] NUMERIC (18, 6) DEFAULT ((0)) NULL,
-Add Employee Tax Table fields for the newly added W4 configuration controls. (tblPRPaycheckTax)
1. [ysnW42020] BIT DEFAULT ((0)) NULL,
2. [ysnW4Step2c] BIT DEFAULT ((0)) NULL,
3. [dblW4ClaimDependents] NUMERIC (18, 6) DEFAULT ((0)) NULL,
4. [dblW4OtherIncome] NUMERIC (18, 6) DEFAULT ((0)) NULL,
5. [dblW4Deductions] NUMERIC (18, 6) DEFAULT ((0)) NULL,
-Add new Withholding Tax structure fields (W4).
!pastedImage_d128752_0.png|height=328,width=156!
-Update Tax Calculation Methods
- add and supply the newly added structure parameter fields.
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