Our VA SUI tax rate just change after we have run 3 payrolls. Can I update the tax rate and then run payroll - recalculate subject to for this change?

SUGGESTED

We have 5 different pays set up for COVID pay based on the type.  How can I combine all into one line on box 14?

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    I don't really understand the question.  I don't understand what the change in the VASUI rate has to do with combining the COVID pay amounts on the W2?

    IRS requires the COVID pays to be broken out in specific way on the 2021 W2 . Information about reporting COVID related pays on the 2021 W2 in box 14 can be found on the following KB article: 2021 W2 Reporting Requirements for COVID-19 Pays (113424)

    The folowing KB article provides examples of formulas to combine more than one tax,pay, deduction or fringe into a single box on the W2:

    How can I combine more than one tax, pay, deduction or fringe into a single box on a W-2? (21588)
     

    You would look at example for YTD Pay or Prior year pay depending on if you are running W2s before or after closing the reporting year.

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    I'm not sure how my question from a couple weeks ago got combined with todays question - (I'm sure it is something I missed.LOL)

    I just want to know how to adjust the SUI for the new tax rate for 2022 just received today.

  • 0 in reply to kat rodacy
    SUGGESTED

    See Solution ID: 20718 where you will find this:

    Change your State Unemployment Insurance rate in Setup, Taxes, Tax Rates

    Follow the steps below to change the percent and limit amounts for your State Unemployment Insurance (SUI) taxes:

    1. From the Setup menu, select Taxes, Tax Rates.
    2. Click List and then select your SUI tax ID.
    3. Click OK and then press Tab.
    4. Type the correct information in the Percent and Limit boxes.
    5. Click Save and then click Close.

    Art Minds
    Independent Senior Consultant
    Pasadena CA

  • 0 in reply to kat rodacy

    Okay, as long as the limit didn't change AND you ran your first 2022 Payrolls after closing 2021 you should not need to Recalculate Subject to.  You would change the rate in Setup, Taxes, Tax Rates. This will NOT change the amount of the VASUI_E tax calculated on the checks you have already processed and posted. You would need to either adjust the amount of the VASUI_e manually on the next checks for the employees, void the checks and reprocess them OR you can setup the tax to self adjust so it corrects itself on the next check to be what it should be YTD.  See the following KB article for information on how to set the tax up to self adjust: Can I make any tax self-adjusting? (31636)