PR12 Sample Reports

The Annual Reports functions allow you to generate a year-to-date tax withholding report and to print Form 940-EZ annual tax return, W-2 report, and 1099 report, thereby facilitating the filing of your yearly tax requirements. AccountMate allows you to generate these Annual Reports for either the current or prior tax year.

YTD Tax Withholdings Report

The YTD Tax Withholdings Report provides information on the total taxes withheld from each employee's earnings and the company's total tax contribution for the current or prior tax year. If an employee has earnings or tax withholdings in multiple states, the employee's year-to-date earnings and taxes will be shown separately for each state. This report helps you verify the accuracy of the annual tax returns. Keep copies of this report for audit trail.

You can select either the current or prior tax year for which you want to print the report. An option to exclude from the report those employees with zero year-to-date gross amounts (FICA gross, Medicare gross, Federal Withholding gross, etc) is also available.

W-2 Report

Prior to printing W-2 forms, you need to review the employees' W-2 information. You can facilitate the review by generating the W-2 Report. This report displays the employees' earnings and the federal, state, and/or local tax withholdings. If the employee has earnings or taxes in multiple states, the report shows the earnings and taxes separately for each state.

You can choose to print the report for either the current or prior tax year.

1099 Report

Reviewing 1099 information pertaining to independent contractors is made easy using the 1099 Report. This report shows the current and previous years' payments made to independent contractors and the contractors' payee IDs or social security numbers. This report is most useful in reviewing 1099 information prior to printing 1099 forms.