Tax Calculation Report for the US

The Tax Calculation Report for the US in Oracle Fusion HCM Payroll is a key tool used to verify federal, state, and local tax calculations after payroll processing. Here's a detailed overview:

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Purpose

· Validate federal and regional taxes and liabilities.

· Compare taxable wages and withheld amounts against expected values.

· Ensure compliance with US tax regulations.

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When to Run

· After completing the Calculate Payroll step in the US Simplified Payroll Cycle.

· Before running statutory reports like quarterly or annual filings.

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How to Run the Report

1. Navigate to:
My Client Groups > Payroll > Submit a Flow

2. Click Submit a Payroll Flow.

3. Select your US legislative data group.

4. Search for and select Tax Calculation Report.

5. Select a payroll flow.

6. To run this report for a single person, select their name.

To run the report against multiple employees, select a payroll relationship group that represents them.

Otherwise, leave the fields black to run against all employees in the payroll flow.

7. Click Submit.

8. Enter parameters such as:

· Payroll Flow Name

· Legal Employer

· Payroll

· Start and End Dates

· Tax Reporting Unit (TRU)

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What It Includes

· Taxable wages by tax type (Federal, State, Local)

· Withheld amounts

· Employer liabilities

· Employee-level tax breakdowns

· Comparison with Gross-to-Net Report for validation