Changing a tax rate from one rate to another, varies by year

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natethegreat
Posts: 4
Joined: Thu Sep 22, 2016 10:57 pm

Changing a tax rate from one rate to another, varies by year

Post by natethegreat » Sun Apr 16, 2017 9:37 pm

Hello,

I have a state tax rate applying to an employee for 2016. For 2017 the state rate has changed and I was wondering what the correct protocol is to apply the new rate?

Can I conditionally apply a tax rate according to a particular year?

Thank you!

shaunw
Posts: 7356
Joined: Tue Sep 19, 2006 2:22 pm

Re: Changing a tax rate from one rate to another, varies by

Post by shaunw » Mon Apr 17, 2017 8:00 am

Normally you would just change the rate before the first pay period of 2017 and everything should be fine.

However if you need to do a retroactive rate change, that is more involved.

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