NJ-Supplemental Wages - tax calculation

[Former Member]

Hi Experts,

My client posed the following question:

For New Jersey Supplemental wages,especially for Termination Pay, should we be using aggregate or flat rate to calculate taxes?

Sorry, I am not a tax expert and hence donno what to explain them. Can someone plz tell me what the law suggests to use? or is there any where i can go look up?

Plz help....

Thanks a ton,

Ana

[graziela · Accepted solution]

Hello Ana,

Based in SAP note 1223379 --> the method described to calculate NJ supplemental tax is 02 (Separate Aggregation Method.

Hoping this helps.

Kind regards,

Graziela

[Former Member · Accepted solution]

Hello Graziela,

Thanks a ton. That reply sure answered my question.

Thanks again,

Ana