Owner Backup/Tax Withholding

The Owner Tax Withholding report will show the amount withheld from the owner as specified in the Owner Information record on the Options tab, and in the Division of Interest window. Federal Tax withholding is specified in the Owner Information record. State Tax withholding is specified in the Division of Interest window.

Report On:
Choose to report on the Backup Withholding (federal tax withheld) or Tax Withholding (state tax withheld).

Report Type
Choose to format the report by summary or detail.

Base Report On
Choose to report on Quarter or Period.

Base Report On Production Year
Choose to report based on the Production Year. By default the report will include information based on the accounting on the owner history record. The accounting date will be the posting date used when the revenue run was closed. If you want the report to include tax based on the production period instead, select this option.

Include Owner Tax IDs on Report
Check this option to display the owner's tax ID on the report. The tax ID for the owner is based on the tax ID entered in the Owner Information window on the Codes tab.

Year/Period
Specify the year to be reported on. If basing the report on Period, select the period to be shown.

Owner Type
This allows you to view the report for only a specific owner type.

Quarter
Choose which quarter to report on if selected above.

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