Income Tax Table screen
Use the Income Tax Table screen to provide all of the necessary information to calculate federal, state, provincial, local, and miscellaneous income taxes. For each payroll tax authority in which you file, create an income tax table for every withholding status that is used with that payroll tax authority.
To open the Income Tax Table screen, select
in the All Tasks pane.Tax table information is available on the Viewpoint Customer Portal. Tax tables are updated as information becomes available from each tax authority. Viewpoint recommends that you subscribe to the tax tables you use on the Viewpoint Customer Portal so that you are notified when the information changes.
In addition to the standard variable tables, such as the federal tables, you can create tax tables for payroll tax authorities with a flat tax amount that is not dependent on employee earnings.
For example, let's say a local tax authority has a $52 per year tax that needs to be withheld weekly. Create an income tax table for the tax authority and set it up as follows:
Set the following fields on the General tab:
FIT Deduction Type = After
Weekly Tax Limit =1.00
Bracket Number | Wages Over | Base Tax Amount | Tax Rate |
---|---|---|---|
1 | 0.00 | 52.00 | 0.00 |
- Create an income tax table
- Create an income tax table by copying an existing income tax table
- Modify an income tax table
- Modify an income tax table by copying an existing income tax table
- Delete an income tax table
- Income Tax Table Screen Field Reference
- In the United States, the Utilization Region screen is the next step.
- In Canada, the Insurance Class screen is the next step.