PR292 overstated gross wages with 457f

 3 Replies
 0 Subscribed to this topic
 68 Subscribed to this forum
Sort:
Author
Messages
Mary Porter
Veteran Member Send Private Message
Posts: 337
Veteran Member
For only our employees with 457f deductions, the PR292 overstates their gross wages, example
Gross Wages = $10,000, Taxable = $7000, Excess = $4,000 where Excess should be $3,000.
And we can't correlate the extra excess to anything, and it's only happening to these employees.
We have a case logged with Lawson but not making any progress. Has anyone else run into this?
Mary Porter
Veteran Member Send Private Message
Posts: 337
Veteran Member
Upon further investigation, PR292 is including the ER match part of the 457f in the UI Gross Wages. Anyone else with 457f plans out there? We're trying to find out if this is normal.
Deleted User
New Member Send Private Message
Posts: 0
New Member
Although we don't have a 457f plan, we've had similar issues in the past with our match being added to taxable wages. We needed to adjust our BSI codes -
Mary Porter
Veteran Member Send Private Message
Posts: 337
Veteran Member
We adjusted our BSI codes as well and that took care of the problem.