The Tax remittance report breaks down the taxes calculated, both employer and employee contributions.
- Navigate to the Reports > Tax Remittance tab.
- If you have multiple pay groups, select the paygroup.
- Payroll end cycle date – select the cycle end date to view the receiver general report associated with that payroll.
This report includes –
- Federal income tax
- State taxes
- Local taxes
- Medicare
- Social security
- Total amount to remit
- Gross payroll
- Deductions and benefits – Wagepoint withholds the applicable deductions e.g. medical, dental, health and other benefits from employee paychecks. The employer is responsible for paying the respective provider.
Note: you will need to remit taxes to the government manually using the amounts provided in this report, if you have disabled tax remittances in your company settings.
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