11 pk088
Jump to navigation
Jump to search
PK088
The definition of PK088 is "taxable wage base," which means each employee is taxed on that amount of wages. If its tolerances were set to $14,000, then the first $14,000 of an employee's wages would be taxable under "contributions." Since most of the employees would meet this taxable wage base by the fourth quarter, the taxable wages field would be quite low (only including those employees who had been hired during the past few months). This parameter was added in 2017 as a result of the new taxable wage estimation logic.
Related Links
