MANAGE STATE TAX TABLES  

Use this table to establish and maintain the state income tax withholding tax rates that are used to withhold state income taxes from the employees' paychecks.

Load the existing tables when Costpoint is initialized, and modify the tables whenever they become outdated, per State publications and the Tax Tables updates. (The current tax tables are loaded in Costpoint; you receive a copy of the new Tax Tables when the new tables are created.) These tables must be current before your first payroll of the new calendar (payroll) year is processed. If you installed the tables supplied by Deltek, you can click to select and view the information. To modify information for an Effective Date that already exists, click to retrieve the record, and then modify the applicable line information. To add information for an Effective Date that does not exist, click and enter the new record.

Location

State

Enter, or click to select, the state ID. State IDs in this field are validated against the State table. The state name associated with the entered state ID code also displays.

Effective Date

Enter, or click to select, the date on which the tax becomes effective. The format for this field is MM/DD/YYYY. Pay Periods having a pay cycle end date that match or are later than the Effective Date use the related tax table rates.

Filing Status

Use this drop-down list to select the applicable filing status. Valid options are:

Separate tables are maintained for status. Refer to the Tax Tables documentation for a definition of each status on a state-by-state basis.

Tax Table

This table is very similar to the "annual" method table in your appropriate State Publication.

For Taxable Income Over

This column displays each level of taxable income. If you need to add additional information, click .

Base Tax

This column displays the amount of base tax at each level.

Percent of Excess

This column displays the tax rate for the excess of income over the taxable income in the For Taxable Income Over column. This column supports up to four digits after the decimal (for example, 9.9999%).