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Thread: Exemptions

  1. #1
    Join Date
    Feb 2008
    Posts
    3

    Default Exemptions

    How do you enter exemptions off of a W-2 for?

  2. #2
    Join Date
    Aug 2002
    Posts
    2,802

    Default

    In the employee setup under the Pay tab in the middle of the page for "Dependants". Federal and State entries are there.
    Paul Mayer
    ZPAY Payroll Systems, Inc.

  3. #3
    Join Date
    Feb 2008
    Posts
    3

    Default Exemptions

    I put in the dependents under the pay tab, but it only takes out $1.07 for Federal taxes and that seems a bit low. She should have 3 exemptions. Did I enter this right. She does not have any dependents.

  4. #4
    Join Date
    Feb 2008
    Posts
    3

    Default

    Is there a number where you can be contacted?

  5. #5
    Join Date
    Aug 2002
    Posts
    2,802

    Default

    If the person is low income, it's possible that they would pay no income tax when they have three or more exemptions. Generally if it is a wife working part time, it's smart to declare zero exemptions so they are not caught short at the end of year when they file jointly.

    You can actually confirm the calculations with the Federal Circular E tax booklet by working out the math by hand with a calculator to check. PayWindow comes out to the penny when we do that every time.

    However if you have an employee that say is a weekly payee and you've accidentally set them up as Monthly or any other greater pay period, that would account for no taxes as they would not be earning enough for the greater pay period to be taxed.
    Paul Mayer
    ZPAY Payroll Systems, Inc.

  6. #6
    Join Date
    Aug 2002
    Posts
    2,802

    Default

    Quote Originally Posted by ronlcolbert View Post
    Is there a number where you can be contacted?
    Yes there is on the website and in the help file but we prefer that you use the web support so all users benefit from the questions and answers.
    Paul Mayer
    ZPAY Payroll Systems, Inc.

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