9.2 - Peoplesoft Update Image 25 PNA

January 19, 2018 PeopleSoft Payroll for North America – Release 9.2 – Update Image 25 – Tax Update 18-A

PeopleSoft Payroll for North AmericaRelease 9.2 – PeopleSoft Update Image 25Tax Update18-A Notes

This document describes the product modifications for PeopleSoft Payroll for North America Release 9.2 which are included in PeopleSoft Update Image 25for Tax Update 18-A.

Change Assistant will create an installation document. Follow the instructions in the installation document to apply this update.

Copyright © 2018, Oracle and/or its affiliates. All rights reserved.

This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are protected by intellectual property laws. Except as expressly permitted in your license agreement or allowed by law, you may not use, copy, reproduce, translate, broadcast, modify, license, transmit, distribute, exhibit, perform, publish, or display any part, in any form, or by any means. Reverse engineering, disassembly, or decompilation of this software, unless required by law for interoperability, is prohibited.

The information contained herein is subject to change without notice and is not warranted to be error-free. If you find any errors, please report them to us in writing.

If this is software or related documentation that is delivered to the U.S. Government or anyone licensing it on behalf of the U.S. Government, the following notice is applicable:

U.S. GOVERNMENT RIGHTS Programs, software, databases, and related documentation and technical data delivered to U.S. Government customers are "commercial computer software" or "commercial technical data" pursuant to the applicable Federal Acquisition Regulation and agency-specific supplemental regulations. As such, the use, duplication, disclosure, modification, and adaptation shall be subject to the restrictions and license terms set forth in the applicable Government contract, and, to the extent applicable by the terms of the Government contract, the additional rights set forth in FAR 52.227-19, Commercial Computer Software License (December 2007). Oracle America, Inc., 500 Oracle Parkway, Redwood City, CA 94065.

This software or hardware is developed for general use in a variety of information management applications. It is not developed or intended for use in any inherently dangerous applications, including applications that may create a risk of personal injury. If you use this software or hardware in dangerous applications, then you shall be responsible to take all appropriate fail-safe, backup, redundancy, and other measures to ensure its safe use. Oracle Corporation and its affiliates disclaim any liability for any damages caused by use of this software or hardware in dangerous applications.

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Intel and Intel Xeon are trademarks or registered trademarks of Intel Corporation. All SPARC trademarks are used under license and are trademarks or registered trademarks of SPARC International, Inc. AMD, Opteron, the AMD logo, and the AMD Opteron logo are trademarks or registered trademarks of Advanced Micro Devices. UNIX is a registered trademark of The Open Group.

This software or hardware and documentation may provide access to or information on content, products, and services from third parties. Oracle Corporation and its affiliates are not responsible for and expressly disclaim all warranties of any kind with respect to third-party content, products, and services. Oracle Corporation and its affiliates will not be responsible for any loss, costs, or damages incurred due to your access to or use of third-party content, products, or services.

For Tax Update 18-A, PeopleSoft Update Image 25includes the documentation files listed below, which may be found on My Oracle Support:

PeopleSoft Update Manager Home Page (Document ID 1641843.2)
PeopleSoft Update Image Home Pages
HCM Update Image Home Page

Legislative, Regulatory, and Tax Updates
PeopleSoft HCM 9.2: Update Image Documentation (Document ID1917096.2)
Payroll for North America

Special Note – Canada

Changes to the Nova Scotia Basic Personal Exemption calculation

Employees in Nova Scotia claiming an additional tax exemption require an entry on the Provincial Tax Data tab of the Employee Tax Data page as shown below:

If the employee is claiming the basic provincial tax exemption, then no entry is required on this page.

It was discovered that the payroll calculation is failing to include the exemption claimed on this page when determining an employee’s Nova Scotia taxes.

A fix for this issue will be posted to My Oracle Support as Patch 27299695 after Tax Update 18-A is posted, as well as delivered in Tax Update 18-B.

Special Note – U.S.

2018 U.S. Federal Withholding Tax Changes

The U.S. Internal Revenue Service published 2018 Federal withholding tax changes on January 11, 2018, whichwas too late for these changes to be included in Tax Update 18-A.
The 2018 Federal withholding tax changes will be delivered in Patch 27377851, which will be posted toMy OracleSupport as soon as possible after Tax Update 18-A has posted. The changes will also bedelivered in Tax Update 18-B.
For those customers with payrolls in progress who wish to apply the 2018 U.S. Federal withholding taxcalculationchanges prior to receiving the delivered script, Knowledge Document ID 2348297.1 is currentlyavailable on My Oracle Support. This document provides step by step instructions for entering the tax table changes manually.

Special Note - U.S.

Form 1042-S Processing (E&G)

Tax Update 18-A delivers product modifications which provide enhanced functionality to support new IRS requirements for Form 1042-S reporting, which are effective beginning with reporting for tax year 2017.
With the application of the product modifications delivered in Tax Update 18-A, the following menus will now appear under the folder labeled 1042-S Reporting:

Two separate documents delivered as part of Tax Update 18-A provide additional information on the updated Form 1042-S functionality:

Patch Inventory for PeopleSoft Update Image 25(Tax Update 18-A) - Summary

E&G = PeopleSoft Payroll for North America for Education & Government

USF = PeopleSoft Payroll for North America for U.S. Federal Government

Patch Inventory for PeopleSoft Update Image 25(Tax Update 18-A) - Detail

Entries in this section are sequenced by Release 9.2 Patch Number.