Date 01/14/08
Size 6581 K
Ext Desc
The file contains all 2008 Tax Table Updates as well as some minor bug fixes.
Corrects problem adding a new Employee and Printing W2s on some sort options
Special Instructions
YOU MUST HAVE INSTALLED THE 2007 VER 6.2 UPGRADE TO RUN THIS UPDATE. Simply download and RUN this file or RUN it directly from the Web. [DOWNLOAD FILE]
ONCE THE UPDATE IS INSTALLED then start Pay-Ware and go into "PAY PERIOD INFORMATION" You will automatically receive a prompt to Update your Tax Table
Correction/Update Log
Additional Tax Table Updates through Jan 15 – New items are BOLD
|
State |
New W/H Formula/Tables |
S. Ded / Exmp. / Dep. Changes |
Credits |
SUI / SDI Limit |
ID |
|
|
|
Incr to 32,200 |
KY |
|
/ To 2100 / |
|
|
OK |
New Tables-Inf adj & top Brckt red. |
|
|
|
MN |
|
|
|
Incr to 25,000 |
MO |
|
Incr std deds |
|
|
PA |
|
|
|
EE SUI Red to 0.6% |
RI |
|
/ To 3500 / |
|
|
Changes already included in the version 6.2 CD are as follows
|
FED |
Inflation Adj - all Brackets raised |
Incr for all / Exmp to 3500 / |
|
|
|
FICA |
|
|
|
OASDI to 102000 |
|
AEIC |
FD–Adv. EIC –Incr S 8580 / 15740 |
M1 – 8580 / 18740 M2- 4290 / 9370 |
|
|
|
AK |
|
|
|
Incr to 31,300 |
|
CA |
New Tables-Inflation Adj |
Incr to 3516 & 7032 |
To 94 Ea |
/ SDI incr to .8% on 86,698 |
|
DE |
|
|
|
Incr to 10,500 |
|
HI |
|
|
|
Decr to 13,000 |
|
IL |
|
|
|
Incr to 12,000 |
|
IA |
|
|
|
Incr to 22,800 |
MD |
New 5+% brkt added for $100K+ |
/ To 3200 / |
|
|
ME |
New Tables-Inflation Adj |
|
|
|
|
MI |
Oct’07 Tables-Rate Incr to 4.35% |
/ To 3500/ |
|
|
|
MN |
New Tables-Inflation Adj |
/ To 3500 / |
|
|
MO |
|
|
|
Incr to 12,000 |
MT |
|
|
|
Incr to 23,800 |
NC |
New Tables-top Brckt red. to 7.75% |
|
|
Incr to 18,600 |
ND |
|
/ To 3500 / |
|
|
NE |
New Tables-Inflation Adj |
/ To 1700 / |
|
|
NJ |
|
|
|
SUI/SDI Limits Incr to 27,700 |
NM |
New Tables-Top Brkt red to 4.9% |
/ To 3450 / |
|
Incr to 19,900 |
NV |
|
|
|
Incr to 25,400 |
OH |
New Tables-Decreased |
|
|
|
OK |
|
|
|
Incr to 13,600 |
OR |
|
|
|
Incr to 30,200 |
RI |
|
/ To 3500/ |
|
/TDI to 1.3% on 54,400 |
SD |
|
|
|
Incr to 8,500 |
UT |
Red - New Tables-Inflation Adj |
New |
125 Ea |
|
|
VT |
New Tables-Inflation Adj |
/ To 3500 / |
|
|
|
WA |
|
|
|
Incr to 34,000 |
WY |
|
|
|
Incr to 20,100 |