Adjustment Percentage

This field is used as a multiplier against additional adjustments, a component used to determine taxable wages.

Taxable Wages = Gross Wages - A - B - C

• A = Fed Withholding Tax * Fed Withholding Adjustment %
• B = (Exemptions * Withholding Allowance Amt) - Exemption Amt
• C = Adjustment % * the larger of the two: 0, or Gross Wages - (Exemptions * Adj Withholding Allowance Amt) - Std Adj Deduction