Notes:  

  • It is possible to manually edit existing tax tables. However, we recommend creating new tax tables for each year to help provide a clean audit trail for prior year calculations. The original tax tables may also be needed to make prior year tax adjustments.
  • You must compare any newly created tax tables to the annual tables in your Circular E, Employer's Tax Guide (PDF) to ensure accuracy. This information is subject to change for both federal and state taxes.
  • The system uses the Effective date on the tax table to determine which tax table to use for that calculation. It compares the pay date on the payroll calculation with the effective date of the tax tables in Configuration and automatically apples the amounts / settings from the tax table to the calculation.
  • Because Payroll calculates using annualized amounts, only the annual table from the Circular E (PDF) is used.
  • Pay periods other than annual (weekly, bi-weekly, monthly, etc.,) are calculated automatically from the annual table amounts.

Follow these steps to create new tax tables with the downloaded defaults:

  1. In Configuration, click Taxes.
  2. Select Federal, State or Local from the Tax Type drop-down menu.
  3. Click New Tax. If State tax was selected, select the State from the drop-down menu.
  4. Enter an effective date.
    Note: The fields populate automatically with current tax settings.
  5. If State tax was selected:
    1. Select State from the drop-down menu
    2. Select Restore Defaults
    3. Select the current tax year
  6. Complete the description and other required fields. Click GL Distribution on each tab to enter withholding, liability, and expense accounts. Click OK.
  7. Click Save and Close.
  8. Define federal tax, state tax, local tax, and W-2 information for each employee.

Follow theses steps to edit tax tables:

  1. In Configuration, click Taxes.
  2. Select Federal, State or Local from the Tax Type drop-down menu.
  3. Open the tax table.
  4. Make any appropriate changes.
  5. Click Save and Close.
  6. Define federal tax, state tax, local tax, and W-2 information for each employee.