Puerto Rico
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Specify this information on the Pay
Class tab:
- Allowances
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Select the Pay Class for allowances that are subject to Puerto Rico tax for purposes of W-2 reporting.
The amount from this pay class is printed on the W-2PR CSV file and displayed on the electronic file.
- Business Expense
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Select the pay class that shows business expenses that were reimbursed to Puerto Rican employees.
The amount form this pay class is printed on the W-2PR CSV file and displayed on the electronic file.
- Commission
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Select the pay class that shows commissions subject to Puerto Rico tax for purposes of W-2 reporting.
Commission pay is printed on the W-2PR CSV file and displayed on the electronic file.
- Exempt Salaries
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Select the pay class that shows Exempt Salaries as defined by Puerto Rico.
The total amount for pay associated with the pay class is printed on the W-2PR CSV file and displayed on the electronic file.
- Retirement Fund
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Select the pay class that shows retirement fund earnings paid to Puerto Rican employees.
The amount from this pay class is printed in Box 14 of the W-2PR CSV file and displayed on the electronic file.
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Specify this information on the Deduction
Class tab:
- Business Expense
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Select the deduction class that shows business expenses that were reimbursed to employees.
The amount from this deduction class is printed on the W-2PR CSV file and displayed on the electronic file.
- Charitable Contribution
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Select the deduction class that shows charitable contributions deductions.
The amount from this deduction group is printed on the W-2PR CSV file and displayed on the electronic file.
- Cash or Deferred Arrangement (CODA)
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Select the deduction class that shows contributions to qualified plans (CODA plans).
The amount from this deduction class is printed on the W-2PR CSV file and displayed on the electronic file.
- Employer Cost on Health Coverage
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Select the deduction class that shows the cost of employer sponsored health coverage.
For guidance, visit http://www.irs.gov.
The amount from this deduction class is printed on the W-2PR CSV file and displayed on the electronic file.
- Save Or Duplicate Money
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Select the deduction class that shows the contributions to the Save and Duplicate your Money Program.
The amount from this deduction class is printed on the W-2PR CSV file and displayed on the electronic file.
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Specify this information on the Miscellaneous tab:
- Employer Telephone
- Specify the employer telephone number.
- Exempt Salaries Reduce Wage Amount
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Specify the Exempt Amount to be stored for this legal entity. Reference Puerto Rico Act 135-2014.
If Box 7 Wages are reduced for employees with Exempt Code E in Box 16, then use this field to identify the exempt wage limit based on Act 135-2014. The US Territory W-2 Reporting and EFW2 Reporting reduces Box 7 Wages by the exempt wage amount reported in Box 16 up to the limit that is specified in Exempt Salaries Reduce Wage Amount.
- Puerto Rico Access Code
- Specify the Access Code required for filing electronic file W-2 files with Puerto Rico. An access code is assigned to each unique EIN by Puerto Rico. This code is reported in the RS record of the EFW2 file.
- Specialist's Register Number
- If you are a returns, declarations, or refund claims specialist, specify the Register Number assigned by the treasury.
- Terminated Business Date
- Specify the date that the business was terminated, if applicable.