State Withholding Tax Table Maintenance

State Withholding Tax Table Maintenance - Massachusetts (W/H 01)

Use State Withholding Tax Table Maintenance - Massachusetts to maintain tax information for employees who must pay taxes to the state of Massachusetts.

Tips:

You must set up this tax table if you facility is located in Massachusetts or if you have any employees located in Massachusetts.
Normally, you must update the tax tables with applicable rate changes once each year - after generating W2s and before running the first payroll of the calendar year.
For a list of tax tables for other states, see the State Withholding Tax Table Maintenance Overview (W/Hxnn & CTnnn).

Directions:

To open the Maintenance:

1. Click Payroll from the Menu.

2. Click Table FM.

3. Click Numeric Tables.

4. Click State Withholding Tax.

Tip: Or, use the keyboard shortcut: [ALT] [p] [m] [n] [w].

The tax table for your facility's State Code displays.
Tip: If your facility is not in Massachusetts, click 1 - Massachusetts in the drop-down list.

State Withholding Tax - Massachusetts - Table Maintenance Window Example:

Note: The tax limits and rates in the following table are only an example. Actual tax withholding information is published annually.

State Withholding Tax Table Maintenance - Massachusetts Prompts
State Code	To display the tax table maintenance window for a state, click the State Code in the drop-down list and t. (predefined)
Table ID	The program sets the Table ID to W/H 01. Tip: Massachusetts maintenance is for a single table containing a single record.
Base Allowance	Enter the Base Exemption Amount. (6.2 numeric)
Dependent Exemption	Enter the State Dependent Exemption amount. (6.2 numeric)
Tax Percent	Enter the State Tax Rate in whole numbers. (6.2 numeric) IMPORTANT: If the rate is 5.3%, enter 530.00. Tax Calculation Example - Massachusetts Taxpayer: If a single person's annual gross wage is $20,000.00... Less Base Allowance for self = $2,850.00 Less Dependent Exemption for 2 children = $1,000.00 X 2 = $2,000.00 Taxable Income = $20,000.00 - $2,850.00 - $2,000.00 = $15,150.00 Annual State Tax Withholding Amount = Tax Percent 5.30% X Taxable Income $15,150.00 = $802.95 Notes: To determine the withholding amount for the paycheck, divide the annual withholding amount by the number of pay periods in the year. This example is meant to illustrate how the tax table fields are used. Actual tax rates, limits, and calculations may vary from this example according to current state formulas.
Blind Allowance	Enter the blind allowance amount.
FICA Allowance	Enter the FICA allowance amount.
HOH Allowance	Enter the head of household allowance amount.
	To update the changed information, click Save or press [ENTER]. Keyboard shortcut: [ALT + s]
	CAUTION To avoid losing data, you must save changed records.
Editing the State Table	1. Position the pointer to the information that you want to change. 2. Enter the data changes. 3. To complete the edit process, click Save , or press [ENTER]. Keyboard shortcut: [ALT + s]