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ezAccounting Payroll Troubleshooting: Social Security Tax

ezAccounting software includes the payroll feature. If you have question about social securiy tax calculation, please view this guide.

For Year 2022, Social Security Tax is 6.20% for the employee and 6.2% for employer. The up limit is $147,000.00.

Issue #1: Social Security Tax is $0

Two reasons can cause the such issue:

#1. The social security tax option is unchecked on the employee set up screen.

Solution: you can edit the employee tax option to solve this issue.

#2. The employee YTD income has exceeded the wage base limit.

Social security tax has a wage base limit. The wage base limit is the maximum wage that's subject to the tax for that year. For earnings in 2022, this base is $147,000.00.

Issue #2: Social security tax calculation is not correct.

Such issue may be caused by pre-tax deduction. When you generate a paycheck, you can view the summary part. If the FICA Taxable Income is lower than the Gross Income, that means you set up some deduction that is exempt from FICA tax.

You can review each dedution details. If the deduction is set up to be exempt from FICA tax by mistake, please change the option. After you delete the wrong paycheck, you add new paycheck. You will see the correction social security tax amount.

Issue #3: Report option

For example: paycheck #1234, pay period 9/16/2020 to 9/30/2020, paycheck date 10/1/2020

If you select "Pay Ending Date" option, this check is the last paycheck of 3rd quarter.

If you select "Pay check date" option, it is the first paycheck of 4th quarter.

  • How to edit the report option

  • Issue #4: New user: incorrect manual YTD data

    When you enter the YTD data, please make sure you enter the all fields under YTD Summary session (ie: SS Taxable income)

    If the employee does not have pre-tax deduction, the taxable income should be the same as gross income.

  • Start ezPaycheck in mid year: How to enter the YTD manually

  • accounting software
    From $189
    ezAccounting software is the right in house accounting solution for small businesses needing to document and report on incoming and outgoing cash flow including sales, receipts, payments and purchases. It also supports payroll processing and tax form printing.

    If you have not installed this software, you can download and try it free with no obligation and no credit card needed.

    This accounting software is compatible with Windows 11, 10, 8, 7, Vista and other Windows computers.

    ezAccounting makes it easy to track income and cost!


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