APA's Top Payroll Questions & Answers for 2020 - 27

3

APA's Top Payroll Questions & Answers for 2020

Let's take the last question first. Request the gross amount of the
bonus from the employee, not the net, in order to recoup the full
amount of money expended in connection with the bonus.
An employer cannot claim a refund from the IRS for federal
income tax withheld from an employee in a prior year; because of this,
your company does not issue a Form W-2c for 2018. By having the
employee repay the gross amount of the bonus, the employer recovers
the federal income tax withheld. If your employee is required to only
repay the net amount of the bonus, your company will have to request
an additional amount from the employee for the federal income tax
withheld or will lose that amount.
At the employer's option, the gross amount of the repayment can
be reduced by the amount of social security and Medicare tax withheld
from the employee on the payment, or the employer can require
full repayment of the gross amount and issue a separate check to
the employee refunding the withheld amount of social security and
Medicare tax.
The employer and employee portion of social security and Medicare
tax on the repayment is claimed as an adjustment on Form 941-X. If
your company chooses to issue a separate check to the employee
and recover the employee portion of those taxes on Form 941-X, your
company must obtain a signed statement from the employee that he
or she has not, and will not, request a refund of the social security and
Medicare taxes from IRS.
The reporting and payment requirements for advances and
overpayments to employees can be involved. Learn more about it in
The Payroll Source®, § 3.4-1.

27

Taxable and Nontaxable Compensation

A.



https://bookshelf.americanpayroll.org/payroll_source/

APA's Top Payroll Questions & Answers for 2020

Table of Contents for the Digital Edition of APA's Top Payroll Questions & Answers for 2020

Table of Contents
APA's Top Payroll Questions & Answers for 2020 - Intro
APA's Top Payroll Questions & Answers for 2020 - Cover1
APA's Top Payroll Questions & Answers for 2020 - a
APA's Top Payroll Questions & Answers for 2020 - b
APA's Top Payroll Questions & Answers for 2020 - c
APA's Top Payroll Questions & Answers for 2020 - Table of Contents
APA's Top Payroll Questions & Answers for 2020 - e
APA's Top Payroll Questions & Answers for 2020 - 1
APA's Top Payroll Questions & Answers for 2020 - 2
APA's Top Payroll Questions & Answers for 2020 - 3
APA's Top Payroll Questions & Answers for 2020 - 4
APA's Top Payroll Questions & Answers for 2020 - 5
APA's Top Payroll Questions & Answers for 2020 - 6
APA's Top Payroll Questions & Answers for 2020 - 7
APA's Top Payroll Questions & Answers for 2020 - 8
APA's Top Payroll Questions & Answers for 2020 - 9
APA's Top Payroll Questions & Answers for 2020 - 10
APA's Top Payroll Questions & Answers for 2020 - 11
APA's Top Payroll Questions & Answers for 2020 - 12
APA's Top Payroll Questions & Answers for 2020 - 13
APA's Top Payroll Questions & Answers for 2020 - 14
APA's Top Payroll Questions & Answers for 2020 - 15
APA's Top Payroll Questions & Answers for 2020 - 16
APA's Top Payroll Questions & Answers for 2020 - 17
APA's Top Payroll Questions & Answers for 2020 - 18
APA's Top Payroll Questions & Answers for 2020 - 19
APA's Top Payroll Questions & Answers for 2020 - 20
APA's Top Payroll Questions & Answers for 2020 - 21
APA's Top Payroll Questions & Answers for 2020 - 22
APA's Top Payroll Questions & Answers for 2020 - 23
APA's Top Payroll Questions & Answers for 2020 - 24
APA's Top Payroll Questions & Answers for 2020 - 25
APA's Top Payroll Questions & Answers for 2020 - 26
APA's Top Payroll Questions & Answers for 2020 - 27
APA's Top Payroll Questions & Answers for 2020 - 28
APA's Top Payroll Questions & Answers for 2020 - 29
APA's Top Payroll Questions & Answers for 2020 - 30
APA's Top Payroll Questions & Answers for 2020 - 31
APA's Top Payroll Questions & Answers for 2020 - 32
APA's Top Payroll Questions & Answers for 2020 - 33
APA's Top Payroll Questions & Answers for 2020 - 34
APA's Top Payroll Questions & Answers for 2020 - 35
APA's Top Payroll Questions & Answers for 2020 - 36
APA's Top Payroll Questions & Answers for 2020 - 37
APA's Top Payroll Questions & Answers for 2020 - 38
APA's Top Payroll Questions & Answers for 2020 - 39
APA's Top Payroll Questions & Answers for 2020 - 40
APA's Top Payroll Questions & Answers for 2020 - 41
APA's Top Payroll Questions & Answers for 2020 - 42
APA's Top Payroll Questions & Answers for 2020 - 43
APA's Top Payroll Questions & Answers for 2020 - 44
APA's Top Payroll Questions & Answers for 2020 - 45
APA's Top Payroll Questions & Answers for 2020 - 46
APA's Top Payroll Questions & Answers for 2020 - 47
APA's Top Payroll Questions & Answers for 2020 - 48
APA's Top Payroll Questions & Answers for 2020 - 49
APA's Top Payroll Questions & Answers for 2020 - 50
APA's Top Payroll Questions & Answers for 2020 - 51
APA's Top Payroll Questions & Answers for 2020 - 52
APA's Top Payroll Questions & Answers for 2020 - 53
APA's Top Payroll Questions & Answers for 2020 - 54
APA's Top Payroll Questions & Answers for 2020 - 55
APA's Top Payroll Questions & Answers for 2020 - 56
APA's Top Payroll Questions & Answers for 2020 - 57
APA's Top Payroll Questions & Answers for 2020 - 58
APA's Top Payroll Questions & Answers for 2020 - 59
APA's Top Payroll Questions & Answers for 2020 - 60
APA's Top Payroll Questions & Answers for 2020 - 61
APA's Top Payroll Questions & Answers for 2020 - 62
APA's Top Payroll Questions & Answers for 2020 - 63
APA's Top Payroll Questions & Answers for 2020 - 64
APA's Top Payroll Questions & Answers for 2020 - 65
APA's Top Payroll Questions & Answers for 2020 - 66
APA's Top Payroll Questions & Answers for 2020 - 67
APA's Top Payroll Questions & Answers for 2020 - 68
APA's Top Payroll Questions & Answers for 2020 - 69
APA's Top Payroll Questions & Answers for 2020 - 70
APA's Top Payroll Questions & Answers for 2020 - 71
APA's Top Payroll Questions & Answers for 2020 - 72
APA's Top Payroll Questions & Answers for 2020 - 73
APA's Top Payroll Questions & Answers for 2020 - 74
APA's Top Payroll Questions & Answers for 2020 - 75
APA's Top Payroll Questions & Answers for 2020 - 76
APA's Top Payroll Questions & Answers for 2020 - 77
APA's Top Payroll Questions & Answers for 2020 - 78
APA's Top Payroll Questions & Answers for 2020 - 79
APA's Top Payroll Questions & Answers for 2020 - 80
APA's Top Payroll Questions & Answers for 2020 - 81
APA's Top Payroll Questions & Answers for 2020 - 82
APA's Top Payroll Questions & Answers for 2020 - 83
APA's Top Payroll Questions & Answers for 2020 - 84
APA's Top Payroll Questions & Answers for 2020 - 85
APA's Top Payroll Questions & Answers for 2020 - 86
APA's Top Payroll Questions & Answers for 2020 - 87
APA's Top Payroll Questions & Answers for 2020 - 88
APA's Top Payroll Questions & Answers for 2020 - 89
APA's Top Payroll Questions & Answers for 2020 - 90
APA's Top Payroll Questions & Answers for 2020 - 91
APA's Top Payroll Questions & Answers for 2020 - 92
APA's Top Payroll Questions & Answers for 2020 - 93
APA's Top Payroll Questions & Answers for 2020 - 94
APA's Top Payroll Questions & Answers for 2020 - 95
APA's Top Payroll Questions & Answers for 2020 - 96
APA's Top Payroll Questions & Answers for 2020 - 97
APA's Top Payroll Questions & Answers for 2020 - 98
APA's Top Payroll Questions & Answers for 2020 - 99
APA's Top Payroll Questions & Answers for 2020 - 100
APA's Top Payroll Questions & Answers for 2020 - 101
APA's Top Payroll Questions & Answers for 2020 - 102
APA's Top Payroll Questions & Answers for 2020 - 103
APA's Top Payroll Questions & Answers for 2020 - 104
APA's Top Payroll Questions & Answers for 2020 - 105
APA's Top Payroll Questions & Answers for 2020 - 106
APA's Top Payroll Questions & Answers for 2020 - 107
APA's Top Payroll Questions & Answers for 2020 - 108
APA's Top Payroll Questions & Answers for 2020 - 109
APA's Top Payroll Questions & Answers for 2020 - 110
APA's Top Payroll Questions & Answers for 2020 - 111
APA's Top Payroll Questions & Answers for 2020 - 112
APA's Top Payroll Questions & Answers for 2020 - 113
APA's Top Payroll Questions & Answers for 2020 - 114
APA's Top Payroll Questions & Answers for 2020 - 115
APA's Top Payroll Questions & Answers for 2020 - 116
APA's Top Payroll Questions & Answers for 2020 - 117
APA's Top Payroll Questions & Answers for 2020 - 118
APA's Top Payroll Questions & Answers for 2020 - 119
https://www.nxtbookmedia.com