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Taxes |
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Taxes
Setting Up Federal and State Tax Tables
Before you can setup the Federal and State Tax Tables, you need to contact the IRS and the State Controller for your state tax tables if you don't already have them.
Before you can run your first payroll, you must setup the Federal and State tax tables percentages that are used to calculate the amount of State and Federal taxes owed by both the employee and employer.
To setup the tax tables:
Select Setup from the Payroll menu. A pull down menu is displayed listing the following tax tables:
Single Setup the Federal tax table for Single Federal Table employees.
Married Setup the Federal tax table for Federal Table Married/Head of Household employees.
State Table 1 Setup State tax table 1. Single
State Table 2 Setup State tax table 2. Married
State Table 3 Setup State tax table 3. Head of Household
State Table 4 Setup State tax table 4.
State Table 5 Setup State tax table 5.
State Table 6 Setup State tax table 6.
State Table 7 Setup State tax table 7.
State Table 8 Setup State tax table 8.
State Table 9 Setup State tax table 9.
Miscellaneous Setup the tax rates for FICA, Medicare,
Tax Setup FUTA, SDI, SETF, and SUI along with their respective ceiling. This is also where you setup the Federal and State exemption amounts.
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