9.00 - PeopleSoft Payroll Tax Update 10-D
No amount should be withheld for Garnishment #3 since the 25% maximum is reached after calculating Garnishment #1 (10%) and Garnishment #2 (15%). Because rounding was not being done correctly for the first two garnishment calculations, a small residual amount (e.g., $ .02) was incorrectly calculated for Garnishment # 3. ................
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