Lesson 4.3 Activity
- Navigate to the Taxes Tab: Log into FastFund using a profile with Payroll permissions. Go to Lists > Employees, open a test employee record, and click on the Taxes tab.
- Review the FIT Setup: Click on the FIT line item. Compare the data entry fields on your screen (Marital Status, Multiple Jobs, Claim Dependents, Extra Withholding) to a blank, physical IRS Form W-4 to see how the system seamlessly maps to the government document. Click Cancel to exit the FIT window.
- Locate Exemption Locks: Scroll down to the Tax Exemptions grid at the bottom of the tab. Observe the checkboxes. Remember that once you run your first payroll for this employee, these boxes will permanently lock to preserve the historical audit trail.