Employers
must indicate their employer type, taxing jurisdiction, agent information,
and third-party sick pay information on the W-2 Setup
page. The Compute FICA feature, if enabled, facilitates
the computation of FICA wages and withholding. |
Information
entered on the General page is automatically
retrieved and printed on all Information Returns (1099, 1098, 5498, W2G)
and Annual Wage Reports (W2, W2C).
The Corporate page can be used to identify
the entity associated with the Taxpayer ID, if different than the filer
information entered on the General page.
The Contacts page identifies those people
in charge of 1099 and W2 processing.
State identification numbers are entered on the State
ID page.
The 1098 Setup page should be used by
those interested in apportioning mortgage interest, real estate taxes,
and amortization among shareholders in a cooperative. |
