Taxes

Dayforce Release Notes version 2024.2.1, Patch 1

Version
R2024.2.1 Patch 1
ft:lastEdition
2025-03-03

GPTCI-51557

Updated the maximum benefit limits for 2025 on remuneration grouping for the following codes for deferred compensation compliance:

  • 401(k)
  • 403(b)
  • 457(b)
  • 408(k)
  • SimpleIRA

Annual Compensation Limit.jpg

GPTCI-52571

Fixed an issue where employees whose Social Security Numbers (SSNs) were transmitted in the Employer’s Annual filing for a prior tax year and met the following:

  • SSN was transmitted as 000-00-0000.
  • SSN records had been updated.
  • No additional payroll was processed for them, such as a leave or termination.

Dayforce accurately reported those employees’ taxation amounts and their correct SSNs in the Employees’ Year End forms.

GPTCI-52586

Added support for Delaware’s Paid Family and Medical Leave (PFML) Insurance Fund, which provides eligible employees with partial wage replacement when taking leave for qualifying family and medical needs. Starting January 1, 2025, covered employers will be responsible for funding the program through a combination of employer contributions and employee payroll deductions. The funding applies to wages earned up to the annual FICA wage limit each year.

Dayforce applies the same logic used for State Unemployment Insurance (SUI) to automatically identify employees in Delaware who are eligible for PFML taxes. Employers can exempt employees from the PFML Insurance Fund if they are not qualified for Delaware’s SUI. The Employer has the option to share the contribution with the employee, but it is not mandatory, but they are responsible for paying whether they share the premium or not. The Employer needs to set the employee rate at the legal entity. A new Experience Rate field is provided in the Tax Setting section in Org Setup > Org Payroll Setup > Legal Entity screen in the Tax Authorities tab, to allow employers to specify a different rate for an employee, if necessary.