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Payroll for NA / Time and Labor - PSFT (MOSC)

Federal Withholding calculation computation

Mar 9, 2020 11:05AM edited Mar 30, 2022 1:23PM in Payroll for NA / Time and Labor - PSFT (MOSC) 9 commentsAnswered ✓

Since the new 2020 federal tax table has been installed the calculations have not been accurate (i.e. calculations have been less).

1. I have someone (0123167) who is claiming Filing Status: HH; Dependent $2500.00; their taxes computed correctly.

2. I have someone (0705953)who is claiming Filing Status: M, Dependent $3000.00; their taxes computed incorrectly

3. Employee (0007543) who is claiming Filing Status: M, Dependent $2500.00; their taxes computed incorrectly

4. Employee (0006867) who is claiming Filing Status: M Dependent $2000.00, Extra withholding $100.00; their taxes computed correctly

5. Employee (0328237) claiming Filing Status: M Dependent $0.00, Extra withholding $200.00); their taxes computed incorrectly

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payroll

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