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NORTH DAKOTA DEPARTMENT OF HEALTH State Revolving Fund Final Project Closeout Checklist Before closing out a project, you must submit each of the following: 1. The final SRF Request for Payment. 2.

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How to fill out certification on payrolls

How to fill out certification on payrolls?

01

Ensure that all necessary information is included on the payroll certification form, such as the employee's name, social security number, and pay period dates.

02

Calculate and accurately record the employee's gross wages, including regular pay, overtime pay, and any bonuses or commissions earned during the pay period.

03

Deduct any applicable taxes, such as federal income tax, state income tax, and Social Security tax, from the employee's gross wages. Make sure to use the correct tax rates and formulas for accurate calculations.

04

Subtract any authorized deductions from the employee's wages, such as health insurance premiums, retirement contributions, and wage garnishments.

05

Calculate the employee's net pay by subtracting the total taxes and deductions from the gross wages. This is the amount that the employee should receive as their take-home pay.

06

Double-check all calculations and ensure that all information is accurate and complete. Any errors or missing information may lead to financial discrepancies and potential legal issues.

Who needs certification on payrolls?

01

Employers and businesses: Employers need payroll certifications to ensure compliance with tax laws, accurately report employee wages, and provide accurate financial records. Certification verifies that payroll calculations, deductions, and payments are performed correctly.

02

Employees: Employees may need payroll certifications for various purposes, such as tax filings, loan applications, mortgage approvals, or proof of income. Certification on payrolls provides evidence of accurate wages and deductions, ensuring trust and credibility for financial transactions.

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