In compliance with government requirements, updated the Alternate Calculation Code options in the Tax Settings section for the New York Metropolitan Commuter Transportation Mobility Tax (MCTMT).
The updated settings are located in Org Setup > Org Payroll Setup > Legal Entity, in the Tax Authorities tab, in the Tax Settings section. The updated options in the Alternate Calculation Code drop-down in the Tax Settings section are:
- 1 - Over $437,500 but not over $2,500,000
- 2 - Over $375,000 but not over $437,500
- 3 - Over $312,500 but not over $375,000
- 4 - Less than or equal to $312,500
- 5 - Over $2,500,000
This update applies to the following county taxes:
- Bronx County (NY) Payroll Expense Tax
- Dutchess County (NY) Payroll Expense Tax
- Kings County (NY) Payroll Expense Tax
- Nassau County (NY) Payroll Expense Tax
- New York County (NY) Payroll Expense Tax
- Orange County (NY) Payroll Expense Tax
- Putnam County (NY) Payroll Expense Tax
- Queens County (NY) Payroll Expense Tax
- Richmond County (NY) Payroll Expense Tax
- Rockland County (NY) Payroll Expense Tax
- Suffolk County (NY) Payroll Expense Tax
- Westchester County (NY) Payroll Expense Tax
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