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    salut70's Avatar
    salut70 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 26, 2011, 10:40 PM
    Fica
    We have a new employee but I forgot to make adjustment for this employee with the 4.2% FICA. Is it possible for me to adjust the over withheld amount of $20.50 in the next pay period? Is it legal to do it this way? Thanks in advance for your input!! Kity
    Wildsporty's Avatar
    Wildsporty Posts: 445, Reputation: 38
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    #2

    Feb 1, 2011, 07:06 AM

    Yes you can adjust on the next payroll. Just make sure it is in the same quarter so it will not affect your 941 tax statements.

    Shirley
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