Open Forum

941/Oregon employees FICA taxes rounding

  • 1.  941/Oregon employees FICA taxes rounding

    Posted Apr 11, 2019 07:25 PM

    I've encountered something new this quarter. While running our Q1 941, I noticed that our "fraction of cents" is much higher than it has been previously. For Q1, it's at $14.05. Looking at our payroll and FICA taxes month by month, SS and Medicare taxes seem to be calculating within GP a penny to three cents higher for our Oregon employees only. Has anyone else seen anything like this? Could there be a rounding issue within GP that only affects Oregon employees?

    Any insight would be appreciated!

    Alison Jean
    Academy - Online Interactive Learning from Experts

If you've found this thread useful, dive deeper into User Group community content by role