Special Flat Federal Tax Rate Payroll

Revised:  4/2021


Special circumstances sometimes require that a flat amount be withheld for federal tax. This option computes a flat federal tax on the employees selected for this payroll and will override any federal withholding settings entered for these employees.

1.  From the menu tree select Payroll Processing |Compute Payroll.

2.  Select the Timing Codes to be used in this payroll.

3.  Select the Special Setting button.

http://help.schooloffice.com/helpconsole/SDSFinanceHelp/images/flattaxmay.png

4.  In the Special Flat Federal Tax Rate enter your percentage to be used in computing this payroll. Enter it as a decimal (I.e. .27 for 27%)

http://help.schooloffice.com/helpconsole/SDSFinanceHelp/images/flattaxmay2.png

5.  Click on the box ‘check only if you wish to compute ALL employees on this payroll using a flat rate.’

6.  Select the Compute button.

7.  You may now continue with your regular payroll process.