Summary
Washington state long-term care tax setup instructions for Sage 50 Accounting.
Description
https://wacaresfund.wa.gov/employers/
Washington State has introduced a Long-Term Care Tax for the 2022 and subsequent payroll calendar years. For more information about this tax, refer to the information contained on the WA Cares Fund web site.
Resolution
Employee Setup
- In the product, from the Maintain menu, select Payroll, Employee Defaults.
- The Employee Defaults window appears. Click the Employee Fields tab.
- In the next available/blank field, place your cursor in the Field Name field and type:
WALTC (Note: Another name for the field can be entered if so desired, within the allowed character limitations). - Select a General Ledger Account to associate with the deduction.
- Place a mark in the checkbox under the Calc column.
- Under the Formula column, place your cursor in the field, click the magnifying glass and select WALTC from the drop-down list.
- Click the button under the Adjust column.
- The Calculate Adjusted Gross window appears. On the left, place a mark in the checkbox under the Use column next to Gross.
- Select Use next to any benefit or deduction that’s pre-tax for WALTC.
- Click the OK button.
- You’re returned to the Employee Defaults window. Click the OK button.
- To disable the tax from calculating for employees that are exempt from the tax withholding: From the Maintain menu, select Employees/Sales Reps. For each exempt record, click the Employee Fields. Remove the marks for the checkboxes for Use Defaults and Calculated. Then click the Save button.