Employee Tax credits
Other tax credits
Other tax credits are approved by a Tax Office, and will directly reduces the tax taken from the employee. It does not however change the taxable income so will not affect the income tax rate. Examples of this would be charitable donations or medical expenses authorized by a tax service. The amount to enter here is the annual Tax credit and it will be divided by the # of pay periods in the year.
This tutorial will demonstrate the setup and effect of amounts used for othe tax credits.
Video source: videos:juno:3other_tax_credits1110111433.flv
Created by Charlene Scott at 10/11/2011 2:34:07 PM