Addtional Taxes

[mer]

Due to changes in an employees circumstances, he would like to have additional fed. tax paid this year and to show on his w-2. He would like to give us the money. How do you, or can you do something like this so that his w-2 and our records will reconcile?

[SBTBILL]

Haven't had occassion to use it but there is a box for this in the employee maintenace area (Peachtree Complete 2002).

Bill Couture

[Diane Koers]

On his next payroll check, why don't you just increase the amount of federal taxes taken out? His net check would be less, but then he wouldn't have to actually pay you the money back since it's coming out of his check.

My original thought was to issue him a payroll check where the gross pay was the amount of extra federal taxes, but then that would mess up your FICA, Medicare and unemployments - so that won't work.