Creating Deductions for State Required Agent Taxes

In some cases states may choose to implement taxes that must be withheld from the agents check and paid into the state. In order to set this up, do the following:

1. Create a deduction in WinMORE for the required tax. Note what you enter for an ID as you will need that in the ad hoc below.
2. For each agent that this tax applies, add this deduction to the agent profile under deductions. This will ensure it is added to each DA automatically. Most times the tax is a percentage. If this is the case, set it to type P (percentage) and set the tax rate.
3. Process DAs and ensure the deduction is calculating as expected.

NOTE: WinMORE only handles 2 digits for percentages, if your state is using more decimals for the tax rate, you may have to manually calculate the tax on each DA and update the standard calculation. For reference, Type P deductions multiply the Net Income field with the percentage entered in the associate's commission tab; this is not customizable to multiply the Gross or Gross Commission Income fields, so if those or any other figure is the basis for the calculation, you will have to update this deduction manually on each DA.

For reporting purposes you can pull a deduction report for a specific time frame. Update the xxxx with the ID you used to create this tax deduction, and set the close_period values to the appropriate period of time.

LIST DA_TRANS BY REC_ID BY NAME_L WITH REC_ID = "xxxxx" AND WITH TYPE = 'D' AND WITH STATUS = "P" AND WITH CLOSE_PERIOD BETWEEN '201904' AND '201906' BREAK-ON PAY_NAME "'P'" BREAK-ON NAME_L TOTAL AMOUNT TYPE CLOSE_PERIOD