Entering Withholding Information for Municipal Taxes

Access the IM Withholdings Setup form. You must complete all fields on this form.

IM Concept

Enter a value from the Withholding Concept (76V/IM) UDC table to identify the type of tax.

Minimum Amount

Enter 0 to indicate the minimum amount on which the tax is calculated.

Maximum Amount

Enter the maximum amount on which the tax is calculated. To specify an infinite amount, enter 999.999.999.99.

Percentage Amount Subject to Withhold

Enter the percentage of the amount that is subject to withholding. For example, if the entire amount is subject to withholding, enter 100.

Withholding Percentage

Enter the amount by which the system multiplies the amount subject to withholding to determine the amount to withhold.