扣除类型s in Patriot Software

Background

A deduction is an amount of money withheld from a paycheck in order to make a payment to a third party such as insurance premiums, 401k savings, wage garnishments, etc. For further reading about deductions, see ourpayroll deductions和pre-tax vs. post-tax payroll deductions文章。

An explanation of deduction types in Patriot Software

在Payroll软件中添加新扣除，请参阅Company Level Deductions in Patriot Software.

Settings > Payroll Settings > Deductions & Contributions > Deductions > Add New

When adding a new deduction to be used by the company, you will need to select which Deduction Type will be used. The Deduction Type will determinewhich types of taxare calculated on the deduction.

一旦扣除被分配给员工并在工资单中使用，无法更改扣除类型。有关每种扣除类型的应税性，请参阅下面的图表。

• 普里克斯第125条:用于员工福利扣除通过第125条计划支付。许多但不是全部，健康保险计划在第125条下落下。It is important to note, that you’ll want to contact your insurance provider to see what type of plan you have. Unfortunately, with so many plans on the market, our support team cannot advise on this. To learn more check out our blog article, “什么是第125条计划？“
• 401K：Used for employee contributions to 401(k) retirement savings plans. The deduction will automatically stop when it reaches the IRS defined annual limit.
• 403b:Used for employee contributions to 403(b) retirement savings plans. The deduction will automatically stop when it reaches the IRS defined annual limit.
• 457b:Used for employee contributions to 457b retirement savings plans. The deduction will automatically stop when it reaches the IRS defined annual limit.
• Roth 401k:Used for taxable employee contributions made to Roth 401(k) accounts. The deduction will automatically stop when it reaches the IRS defined annual limit.
• Roth 403b:Used for taxable employee contributions made to Roth 403(b) accounts. The deduction will automatically stop when it reaches the IRS defined annual limit.
• Roth 457b: Used for taxable employee contributions made to 457b retirement savings plans. The deduction will automatically stop when it reaches the IRS defined annual limit.
• SIMPLE IRA:Used for employee contributions to SIMPLE IRA savings plans. The deduction will automatically stop when it reaches the IRS defined annual limit.
• HSA Single Limit:If you have employees who contribute to asingle coverageHealth Savings Account (HSA), the HSA Single Limit deduction type will cap the amount of tax-free deduction up to the current IRS-defined single HSA contribution limit. This will ensure that the taxability of the deduction will be correct. The IRS places contribution limits on HSAs and has two different limits depending on whether the employee has single or family coverage.
• HSA家庭限制：If you have employees who contribute to a家庭报道健康储蓄账户（HSA），HSA家庭限制扣除型将提出免税扣除的金额，从而达到当前的IRS定义的家庭HSA贡献限额。注意，如果您拥有不同的员工和家庭HSA覆盖范围，则需要为HSA系列设置单独的公司级别扣除，因为只能为每个扣除选择一个扣除类型。
• FSA - 医疗：Used for Flexible Spending Account employee contributions, which includes Medical FSAs and Individual Plan FSAs. This will cap the amount of tax-free deduction up to the current IRS-defined limit.
• FSA – Dependent Care:用于灵活的支出帐户员工对依赖护理FSA的贡献。这将使免税扣除额达到当前的IRS定义的限制。
• 税后：Used for any deduction that must be included in taxable income. Examples ofafter-tax deductionswould be loan repayments, child support deductions, employee purchases, and benefit deductions that are not included in a Section 125 plan. When the method is “Percent,” the deduction will be a percent of gross pay.
• Post-Tax Percent of Disposable Net Pay:This deduction type is most commonly used with wage garnishments. The deduction will be calculated as a percentage of pay remaining after income taxes have been withheld.

Below is a summary of how employee income tax is calculated based on Deduction Type:

是扣除税吗？

Some states have special rules for allowingpre-tax deductionsto be taken on state or local income taxes.

After you have added a deduction at the company level, you can now assign it to individual employees. See员工级别扣除.