Adjust by Amount (Example)
Perform the following steps to adjust the IS Levy from $65,578.11 to $10,000 for tax unit 21:
- Click tax unit 21 in the Remit screen.
- Either click the Taxunit Remittance Detail tab or double-click tax unit 43 to open this screen:
- Click in the IS Levy field for Tax Unit 21.
- Enter $10,000.
- Press Tab. TaxLedge automatically changes the dollar amounts to reflect the reduction. The percent is reduced from 100% to 90.1%, as you see here:
Note: If the user attempts to enter an amount or percentage larger than what is available, the system will default to the amount available.