Update NY taxable wage adjustment amount

For New York’s annual wage reporting, NYS-45 instructions Part C Column d includes exceptions to reporting; report Federal wages plus 414(h)/IRC 125 amounts or Federal wages minus benefits amount (see Part C above). To override the default PR292 functionality of reporting Federal wages, create an Employee Group of exception employees, specify that employee group in the PR06 New York State Report button, and specify the adjustment amount in PR11. If an employee’s Federal and New York wages do not match, then PR292 will check if the employee is part of the NY Tax Authority (PR06) "Annual Wage Adj EE Group", then find the PR11 amount, and adjust Federal wages by the PR11 amount.

A payroll year is required.

Note: This is referenced by PR292. It requires that the employee is part of the "Annual Wage Adj EE Group" defined in your New York Tax Authority (PR06). See Article ID:5444539 for detailed information.