Why would a Quarterly Earnings Report list my FUTA payment as one dollar amount and a Payroll Tax Report for FUTA list another dollar amount? (it's a small difference, but the fact that there is a difference concerns me)
need some quick and easy help
Jul 27, 2005
1 Replies
One employee's listings didn't match up between reports. On the Quarterly Earnings Report it listed his previous balance as $51.33 and then this quarter's tax amount as $1.48 (which was the paycheck that put him over $7000), but on the FUTA Payroll Tax Report it lists his tax amount as $4.68. Obviously the FUTA Payroll Tax amount is correct so I'm guessing that there's a problem in his setup? (I didn't set this program up, it was our accounting firm ).
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