PS 9.2 ILLINOIS 2023 MID-YEAR CHANGE TO ANNUAL WITHHOLDING ALLOWANCE AMOUNT
- IL Withholding allowance amount change has changed from $2,625 to $2,425 (new hires)
- IL Catch-up Withholding allowance amount has changed from $2,625 to $2,225 (existing employees) effective 6/7/23
Peoplesoft documentation for manual updates on table uses $2,225
Is the plan to use the catch up allowance amount or should it be $2425.00?
Its still not clear on the information about existing and new employees
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