Video Document - training: employee additional tax credits

Problem Description

Employee Tax Credits

Additional Tax Credits

Solution

An additional tax credit is something approved by a tax office and will reduce the employee income prior to the tax rate being established. It is not a reduction to the employees pay. This is typically a Federal tax credit.

Examples: Federal tax credit for living in a prescribed Zone, or approved child Care Expenses.

This tutorial will demonstrate the setup and effect of a value for additional tax credits against an employee file

Video source: videos:juno:2add_tax_credits1110111431.flv

Created by Charlene Scott at 10/11/2011 2:31:34 PM