What is taxability model in SAP PY-US - USA?

SAP Term: taxability model

• Component: PY-US

• Component Name: USA

• Description: The matrix of tax authorities, tax classes, tax types and tax type combinations used by the US Payroll component of the SAP HR System to determine the taxability of any given wage type.

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• Key Concepts: 
  The taxability model in SAP PY-US USA is a set of rules that determine the taxability of wages and other payments. It is used to calculate the amount of taxes that must be withheld from an employee's paycheck. The model takes into account the employee's state of residence, the type of payment, and any applicable deductions or credits. 
  
  How to use it: 
  The taxability model in SAP PY-US USA is used to calculate the amount of taxes that must be withheld from an employee's paycheck. To use the model, enter the employee's state of residence, the type of payment, and any applicable deductions or credits. The model will then calculate the amount of taxes that must be withheld from the employee's paycheck. 
  
  Tips & Tricks: 
  When using the taxability model in SAP PY-US USA, it is important to ensure that all information entered is accurate and up-to-date. This will ensure that the correct amount of taxes is withheld from an employee's paycheck. Additionally, it is important to keep track of any changes in an employee's state of residence or deductions/credits as these can affect the amount of taxes that must be withheld. 
  
  Related Information: 
  For more information on the taxability model in SAP PY-US USA, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed explanations and examples of how to use the model.