Tax Table Updates for QuickBooks 2012  
 
Federal Tax Table Updates    
State and Local Tax Table Updates    
 
  Federal Tax Table Updates  
 
Medicare
  As an employer, you are required to withhold an additional 0.9% on all Medicare taxable wages and compensation paid to an employee in excess of $200,000.  Thus, you must have the Medicare Employee Addl Tax payroll item set up and assigned to each and every employee for QuickBooks to calculate and track wages for reporting accurately.
  Action Required: If you do not have the Medicare Employee Addl Tax set up and assigned to your employees, please refer to the detailed Additional Medicare Tax User Guide for QuickBooks for the 3 steps you need to take now to set up this employee tax in QuickBooks. For more information about the Additional Medicare Tax, please click here.
 
Federal Withholding
New Federal income tax withholding tables effective 1/1/2015.
  New Non-resident Alien withholding tables effective 1/1/2015.
 
Social Security
Social Security employer and employee wage limits increased to $118,500 from $117,000.
   
 
  State and Local Tax Table Updates  
 
  If you are looking for information on particular state taxes and do not see it here, there is more information available by clicking here.
Alabama Florida Maryland New Jersey Rhode Island Wyoming
Alaska Idaho Massachusetts New York South Carolina    
Arkansas Iowa Minnesota North Carolina South Dakota    
California Kansas Missouri Oklahoma Utah    
Colorado Kentucky Montana Oregon Vermont    
Connecticut Maine Nevada Pennsylvania Washington    
 
 
   
  Alabama
Due to the Federal withholding tables changing, there may be a difference in Alabama withholding calculations, effective 1/1/2015.
   
  Alaska
Unemployment insurance (UI) rate for employees decreased to 0.57% from 0.62%.
  Wage limit for state unemployment insurance (UI) increased to $38,700 from $37,400.
   
  Arkansas
New withholding tables effective 1/1/2015.
   
  California
New withholding tables effective 1/1/2015.
  Wage limit for state disability insurance (DI) increased to $104,378 from $101,636.
  State disability insurance (DI) rate decreased to 0.9% from 1.0%.
   
  Colorado
Wage limit for state unemployment insurance (UI) and Total Surcharge increased to $11,800 from $11,700.
   
  Connecticut
New withholding tables effective 1/1/2015.
 

Action Required: For more information on Connecticut withholding in 2015 and action required steps, please click here.
   
  Florida
Wage limit for state unemployment insurance (UI) decreased to $7,000 from $8,000.
   
  Idaho
New withholding tables effective 1/1/2015.
   
  Iowa
Due to the Federal withholding tables changing, there may be a difference in Iowa withholding calculations, effective 1/1/2015.
  Wage limit for state unemployment insurance (UI), Administrative Surcharge, and Reserve Fund increased to $27,300 from $26,800.
   
  Kansas
Wage limit for state unemployment insurance (UI) increased to $12,000 from $8,000.
   
  Kentucky
New withholding tables effective 1/1/2015.
  Wage limit for state unemployment insurance (UI) and KY- Surcharge increased to $9,900 from $9,600.
  KY – Surcharge rate decreased to 0.21% from 0.22%.
   
  Maine
New withholding tables effective 1/1/2015.
   
  Maryland
The county tax rate for Carroll will be changing to 3.03% from 3.04% effective 1/1/2015.
  Action Required:  For more information and action required steps, please click here.
   
  Massachusetts
Wage limit for state unemployment insurance (UI) and Workforce Training Fund increased to $15,000 from $14,000.
  MA - Workforce Training Fund rate decreased to 0.056% from 0.06% effective 1/1/2015.
   
  Minnesota
Wage limit for state unemployment insurance (UI) and Workforce Enhancement Fee increased to $30,000 from $29,000.
   
  Missouri
Due to the Federal withholding tables changing, there may be a difference in Missouri withholding calculations, effective 1/1/2015.
   
  Montana
Wage limit for state unemployment insurance (UI) and Admin. Fund Tax (AFT) increased to $29,500 from $29,000.
   
  Nevada
Wage limit for state unemployment insurance (UI) and Career Enhancement Program (CEP) increased to $27,800 from $27,400.
   
  New Jersey
Wage limit for state unemployment insurance (UI), Workforce Development/Supplemental Workforce Fund (WF/SWF), Health Care Subsidy (HCS), and Family Leave Insurance (FLI) increased to $32,000 from $31,500.
  Wage limit for state disability insurance (DI) increased to $32,000 from $31,500.
  State disability insurance (DI) rate decreased to 0.25% from 0.38% effective 1/1/2015.
  New Jersey Family Leave Insurance (FLI) rate decreased to 0.09% from 0.10% effective 1/1/2015.
   
  New York
Wage limit for state unemployment insurance (UI) and Re-employment Service Fund increased to $10,500 from $10,300.
   
  North Carolina
Vendor payable name changing to Division of Employment Security from NC DES.
 

Action Required: If you need to modify the vendor payable name for unemployment insurance, please click here for the necessary steps.
   
  Oklahoma
Wage limit for state unemployment insurance (UI) decreased to $17,000 from $18,700.
   
  Oregon
Due to the Federal withholding tables changing, there may be a difference in Oregon withholding calculations, effective 1/1/2015.
  Wage limit for state unemployment insurance (UI) increased to $35,700 from $35,000.
   
  Pennsylvania
Wage limit for state unemployment insurance (UI) increased to $9,000 from $8,750.
   
  Rhode Island
Wage limit for state disability insurance (DI) increased to $64,200 from $62,700.
  Wage limit for state unemployment insurance (UI) and Job Development Fund (JDF) increased to $21,200 from $20,600.
  Wage limit for UI/JDF Wage Base Increase increased to $22,700 from $22,100.
  Rhode Island Job Development Fund (JDF) rate decreased to 0.21% from 0.51% effective 1/1/2015.
   
  South Carolina
Wage limit for state unemployment insurance (UI) and Contingency Assessment increased to $14,000 from $12,000.
   
  South Dakota
Wage limit for state unemployment insurance (UI), Investment Fee, and Surcharge increased to $15,000 from $14,000.
   
  Utah
Wage limit for state unemployment insurance (UI) increased to $31,300 from $30,800.
   
  Vermont
Wage limit for state unemployment insurance (UI) increased to $16,400 from $16,000.
   
  Washington
Wage limit for state unemployment insurance (UI) and Employment Administrative Fund increased to $42,100 from $41,300.
   
  Wyoming
Wage limit for state unemployment insurance (UI) increased to $24,700 from $24,500.
 
 


Disclaimer: The information contained on these pages is meant to provide general information about the payroll process. It is not intended to provide comprehensive tax or legal advice and does not modify or extend the service guarantee to any Intuit product or service. You are responsible for consulting with your own professional tax advisor, accountant, and/or attorney concerning your business' specific concerns.