Additional Withholding
by James Odom
(South Hadley, MA )
We have an employee that is requesting that we hold an additional amount from his pay for taxes. We have no problem in doing this. My question is "how do I report it on the Fm 941? and under what column.
When I figure the tax for the quarter it will be less than the amount that was deposited in the bank, because the bank amount will include the additional request from the employee.
I would appreciate your assistance or anyone that can be of assistance, as this is the first time that I have had an employee request additional holding.