Field Description - Tax - State Limit for Fed W/H Deduction
The Tax - State Limit for Fed W/H Deduction is the maximum Federal Tax Withholding Amount that can be deducted from the taxpayer's gross pay when calculating the taxable income. This deduction is applicable only for some state tax withholding calculations.
Tips:
This field is not applicable to all states.
For more information, see Understanding Tax Calculations.
Where-Maintained: State Withholding Tax Table Maintenance - Oregon (W/Hx05)
Where-Used: Tax calculations
Format: 6.2 numeric