FT – flat tax (select from the items in the table below using visual assist)
% - A percentage that replaces the tax rate from the tax table.
A - An amount that is added to the tax computed from the tax table.
F - An amount that replaces the tax computed from the tax table.
X - An additional amount added to the standard exemption amount and deducted (exempt) from the annualized gross pay to determine taxable pay.
Y - An amount that overrides the standard exemption amount and is subtracted from the annualized gross pay prior to the tax calculations.
In this lesson the field already has "A" in it so we do not need to change this field.
Table of Contents Topic Overview