Tax Table Information window




Linked Payables Account

All payroll taxes are automatically linked to the account you've entered in the Payroll Linked Accounts window. If you wish to use another account for this particular tax, enter the account you wish to use.

Click the search icon to see a list of all of your accounts.

Tax Table Revision Date

This is view-only information.

AccountEdge tax tables are current at the time we produce your program disk. However, tax laws change throughout the year.

Select Check for Product Updates from the Help menu for information about tax updates.

All, Married, Single, Head of Household, Other

The choices here vary depending on the state and the tax method . If you wish to assign a tax method to an employee, use the Payroll Details view - Personal Details of the Card Information window.

Tax Table

Each row in the table indicates a range with a minimum and maximum amount, plus additional calculations.

Wages Over column

Taxes are calculated on wages above the amount in this column.

The name of the column varies based on the tax method chosen.

Not to Exceed column

Taxes are calculated on wages below the amount in this column.

= Base Tax column

The base tax applies to all salaries within the range identified in the previous two columns in this row.

+ Percent column

In addition to the Base Tax is this percent of the difference between the employee's wages and the amount in the next column.

Of Wages Over column

The difference between the salary and this amount is liable to the additional percent tax in the previous column.

Standard Allowance

The standard allowance appears here. It is presented in two ways: the amount for each exemption and the fixed dollar amount.

OK button

Click this button to accept the entries you've made and close the window.