QuickBooks - Tax Table Changes

Tax Table Updates for QuickBooks 2013

	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. (21501)
	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. (21501)

	Federal Withholding
	New Federal income tax withholding tables effective 1/1/2015. (21501)
	New Nonresident Alien withholding tables effective 1/1/2015. (21501)

	Social Security
	Social Security employer and employee wage limits increased to $118,500 from $117,000. (21501)

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	Kentucky	Montana	Oklahoma	Vermont
Alaska	Hawaii	Maine	Nevada	Oregon	Washington
Arkansas	Idaho	Maryland	New Jersey	Pennsylvania	Wyoming
California	Illinois	Massachusetts	New Mexico	Rhode Island
Colorado	Indiana	Minnesota	New York	South Carolina
Connecticut	Iowa	Mississippi	North Carolina	South Dakota
District of Columbia	Kansas	Missouri	North Dakota	Utah


	Alabama
	Due to the Federal withholding tables changing, there may be a difference in Alabama withholding calculations, effective 1/1/2015. (21501)

	Alaska
	Unemployment insurance (UI) rate for employees decreased to 0.57% from 0.62%. (21501)
	Wage limit for state unemployment insurance (UI) increased to $38,700 from $37,400. (21501)

	Arkansas
	New withholding tables effective 1/1/2015. (21501)

	California
	New withholding tables effective 1/1/2015. (21501)
	Wage limit for state disability insurance (DI) increased to $104,378 from $101,636. (21501)
	State disability insurance (DI) rate decreased to 0.9% from 1.0%. (21501)

	Colorado
	New withholding tables effective 1/1/2015. (21502)
	Wage limit for state unemployment insurance (UI) and Total Surcharge increased to $11,800 from $11,700. (21501)

	Connecticut
	New withholding tables effective 1/1/2015. (21501)
	Action Required: For more information on Connecticut withholding in 2015 and action required steps, please click here. (21501)

	District of Columbia
	Revised withholding tables effective 1/1/2015. (21506)
	Action Required: For more information and action required steps, please click here. (21506)
	New withholding tables effective 1/1/2015. (21504)
	Action Required: For more information and action required steps, please click here. (21504)

	Florida
	Wage limit for state unemployment insurance (UI) decreased to $7,000 from $8,000. (21501)

	Hawaii
	Wage limit for state unemployment insurance (UI) and Employment and Training Assessment (E&T Assessment) increased to $40,900 from $40,400. (21502)
	Wage limit for state disability insurance (DI) increased to $49,463.96 from $48,882.60. (21502)

	Idaho
	Wage limit for state unemployment insurance (UI) and Workforce Development Fund (WDF) increased to $36,000 from $35,200. (21502)
	New withholding tables effective 1/1/2015. (21501)

	Illinois
	New withholding tables effective 1/1/2015. (21502)

	Indiana
	New withholding tables effective 1/1/2015. (21502)
	Action Required: Effective January 1, 2015, Adams, Elkhart, Jennings, Knox, Marion, Parke, Randolph, and Wabash counties changed their county income tax rates (Departmental Notice #1). For more information, please click here. (21502)

	Iowa
	Due to the Federal withholding tables changing, there may be a difference in Iowa withholding calculations, effective 1/1/2015. (21501)
	Wage limit for state unemployment insurance (UI), Administrative Surcharge, and Reserve Fund increased to $27,300 from $26,800. (21501)

	Kansas
	New withholding tables effective 1/1/2015. (21502)
	Wage limit for state unemployment insurance (UI) increased to $12,000 from $8,000. (21501)

	Kentucky
	New withholding tables effective 1/1/2015. (21501)
	Wage limit for state unemployment insurance (UI) and KY- Surcharge increased to $9,900 from $9,600. (21501)
	KY – Surcharge rate decreased to 0.21% from 0.22%. (21501)

	Maine
	New withholding tables effective 1/1/2015. (21501)

	Maryland
	The county tax rate for Carroll will be changing to 3.03% from 3.04% effective 1/1/2015. (21501)
	Action Required: For more information and action required steps, please click here. (21501)

	Massachusetts
	New withholding tables effective 1/1/2015. (21502)
	Wage limit for state unemployment insurance (UI) and Workforce Training Fund increased to $15,000 from $14,000. (21501)
	MA - Workforce Training Fund rate decreased to 0.056% from 0.06% effective 1/1/2015. (21501)

	Minnesota
	New withholding tables effective 1/1/2015. (21502)
	Wage limit for state unemployment insurance (UI) and Workforce Enhancement Fee increased to $30,000 from $29,000. (21501)

	Mississippi
	The tax tracking type Taxable Grp Trm Life has changed for Mississippi unemployment insurance and MS – Training Contribution effective 1/1/2015. (21504)
	Action Required: For more information and action required steps, please click here. (21504)

	Missouri
	New withholding tables effective 1/1/2015. (21506)
	Due to the Federal withholding tables changing, there may be a difference in Missouri withholding calculations, effective 1/1/2015. (21501)

	Montana
	Wage limit for state unemployment insurance (UI) and Admin. Fund Tax (AFT) increased to $29,500 from $29,000. (21501)

	Nevada
	Wage limit for state unemployment insurance (UI) and Career Enhancement Program (CEP) increased to $27,800 from $27,400. (21501)

	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. (21501)
	Wage limit for state disability insurance (DI) increased to $32,000 from $31,500. (21501)
	State disability insurance (DI) rate decreased to 0.25% from 0.38% effective 1/1/2015. (21501)
	New Jersey Family Leave Insurance (FLI) rate decreased to 0.09% from 0.10% effective 1/1/2015. (21501)

	New Mexico
	New withholding tables effective 1/1/2015. (21504)

	New York
	New withholding tables for New York State and City of Yonkers Resident effective 1/1/2015. (21502)
	Wage limit for state unemployment insurance (UI) and Re-employment Service Fund increased to $10,500 from $10,300. (21501)

	North Carolina
	New withholding tables effective 1/1/2015. (21502)
	Wage limit for state unemployment insurance (UI) increased to $21,700 from $21,400. (21502)
	Vendor payable name changing to Division of Employment Security from NC DES. (21501)
	Action Required: If you need to modify the vendor payable name for unemployment insurance, please click here for the necessary steps. (21501)

	North Dakota
	New withholding tables effective 1/1/2015. (21504)
	Wage limit for state unemployment insurance (UI) increased to $35,600 from $33,600. (21502)

	Oklahoma
	New withholding tables effective 1/1/2015. (21504)
	Wage limit for state unemployment insurance (UI) decreased to $17,000 from $18,700. (21501)

	Oregon
	New withholding tables effective 1/1/2015. (21502)
	Due to the Federal withholding tables changing, there may be a difference in Oregon withholding calculations, effective 1/1/2015. (21501)
	Wage limit for state unemployment insurance (UI) increased to $35,700 from $35,000. (21501)

	Pennsylvania
	The tax tracking type Taxable Grp Trm Life has changed for Pennsylvania withholding effective 1/1/2015. (21504)
	Action Required: For more information and action required steps, please click here. (21504)
	Wage limit for state unemployment insurance (UI) increased to $9,000 from $8,750. (21501)

	Rhode Island
	New withholding tables effective 1/1/2015. (21502)
	Wage limit for state disability insurance (DI) increased to $64,200 from $62,700. (21501)
	Wage limit for state unemployment insurance (UI) and Job Development Fund (JDF) increased to $21,200 from $20,600. (21501)
	Wage limit for UI/JDF Wage Base Increase increased to $22,700 from $22,100. (21501)
	Rhode Island Job Development Fund (JDF) rate decreased to 0.21% from 0.51% effective 1/1/2015. (21501)

	South Carolina
	Wage limit for state unemployment insurance (UI) and Contingency Assessment increased to $14,000 from $12,000. (21501)

	South Dakota
	Wage limit for state unemployment insurance (UI), Investment Fee, and Surcharge increased to $15,000 from $14,000. (21501)

	Utah
	Wage limit for state unemployment insurance (UI) increased to $31,300 from $30,800. (21501)

	Vermont
	New withholding tables effective 1/1/2015. (21504)
	Wage limit for state unemployment insurance (UI) increased to $16,400 from $16,000. (21501)

	Washington
	Wage limit for state unemployment insurance (UI) and Employment Administrative Fund increased to $42,100 from $41,300. (21501)

	Wyoming
	Wage limit for state unemployment insurance (UI) increased to $24,700 from $24,500. (21501)

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.