3d._Print_employee_tax_summary_for_the_calendar_year

3d. Print employee tax summary for the calendar year

Print the employee tax summary for the current year for all of the employees who will receive a W-2. You can use this report to reconcile to your 941 in step 3e. It will show you the employee’s gross wages; all wages; federal wages and taxes withheld for federal wages; state wages and taxes withheld for state wages; Social Security and pre-tax deductions for Social Security; and Medicare and taxes withheld for Medicare. The last page shows you the grand totals.


Webinar: Step 3B and D. Watch a video

 


How do I print the Employee Tax Summary for the calendar year?

1. Open Connect Payroll > Reports > Employee Tax Summary.

2. Change the Report Dates to select the tax year (01/01/YYYY to 12/31/YYYY).

3. Click to select the checkbox titled Include Terminated Employees.

Include terminated employees checkbox

4. Click Print (CTRL+P).

The Employee Tax Summary prints. Set the report aside for later. You have finished printing the reports you will need to verify reports. 



    • Related Articles

    • How do I print an employee tax summary report? (2024.11)

      An employee tax summary report provides a detailed overview of the taxes withheld from an employee's earnings over a specific period, typically a fiscal year. This report is crucial for both employers and employees as it summarizes the tax-related ...
    • Webinar: Step 3B and D. Payroll history and employee tax summary (09m12s)

      Set up the payroll history and employee tax summary to include the entire calendar year. You'll be using the two reports to verify employee and payroll information. In this webinar, learn how to: Step 3B. Print payroll history for the calendar year ...
    • 3b. Print payroll history for the calendar year

      In steps 3b-d, you're going to print the reports you will need to verify the year-to-date information. You will use these reports to verify the information in the Payroll database is correct because this is the information that's going to print on ...
    • 3c. Print the annual 941 report for the calendar year

      The Annual 941 Report is one more way to verify that your annual payroll data is accurate. You're going to use the Annual 941 Report in step 3e to compare the Annual 941 Report total with the total of all the Quarterly 941 reports for the year, and ...
    • 3f. Print additional annual reports for the calendar year

      Next, print any annual payroll reports for the current year that are required for your site. This step is optional. The additional annual reports may come in handy when you verify totals, such as for health insurance. For example, the additional ...