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Tax and Wage Reporting: Rounding of Wages

Pursuant to Act 423 of the 2001 Regular Session, rounding of employee wages and total wages became effective for the 3rd quarter 2001 tax and wage reporting period.  The wages of each employee reported by an employer on the Quarterly Wage & Tax Report, if not an even dollar amount, shall be rounded to the nearest dollar amount (up or down - i.e., $1081.49 shall be rounded to $1081, and $1081.50 shall be rounded to $1082). Therefore, any amount of total wages for all employees reported on the Quarterly Wage & Tax Report shall be an even dollar amount.

Example of Employer's Payroll:

Example of Employer's Payroll & how to report employee wages.