NewsFlash #129

Please read the following TylerNet updates carefully, as some might require action from you.

Changes to the Canadian T4 Form

The employee ‘CPP Earnings YTD’ (10-23, Field 9) will now automatically be printed in ‘CPP Pensionable Earnings’ (Field 26) on the T4 form.

Updates to Electronic Filing for W-2s

Per U.S. requirements for E-Filing W-2s, two additional fields have been added to the W-2 E-Filing program. Clients that operate on independent servers must verify that this update is installed prior to building your W-2 transmission file.

  1. A new code, ‘GG’ (Income from Qualified Equity Grants Under Section 83(i)), has been added to the Box 12 options in the W-2 Processing Employee Information selection (10-60-01).
  2. A new code, ‘HH’ (Aggregate Deferrals Under Section 83(i) Elections as of Close of the Calendar Year), has been added to the Box 12 options in the W-2 Processing Employee Information selection (10-60-01).

These two new fields are included in the RO and RU records when completing the Electronic Filing.

Stand Alone clients that use the Tyler Payroll module will be contacted to install these updates.

About these Updates
  • The above apply to 21.500 unless otherwise noted.
  • Program updates are usually installed between 8:00am and 9:00am ET.