US Payroll Taxation: Infotype 208 over ride for Stock Options Payment - Offcycle Payroll

[avinashjosalkar1]

Hello all,

We have requirement to pay stock options through IT267 offcycle run.

Now situation is, stock options are to be paid on when earned basis e.g. Stock options (STI / LTI) earned in say 2021 needs to be paid in March 2022 but now employee has moved to different work location (Many such cases due to work from home situation).

So if we run offcycle by entering Wage Type in IT267, it gets taxed in current i.e. 2022 IT 208 Tax Authority. We need to force it to run using Tax Authority that employee was in year 2021.

This can be done using IT221 adjustments but it is very time consuming and needs lot of time to arrive at correct tax amounts.

Is there any other possibility which is less cumbersome and easier ? Any help / options in this regard will be highly appreciated.

Thanks,

Avinash