Discussions
Join the NetSuite community to innovate, connect, and discover what’s next.
SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Register now
SuitePeople U.S. Payroll Georgia G-4 Filing Status and Dependent Allowance Update
This notice applies to customers who are using SuitePeople U.S. Payroll and you withhold Georgia tax.
The Georgia Department of Revenue published new Withholding Tax requirements effective January 1, 2024. With this update, the agency has eliminated personal allowances, added a new adjustment allowance on Form G-4, and has updated Filing Status options.
What is Changing?
Starting February 22, 2024, the filing status options will be updated on the G-4 Form:
The Personal Allowances field will be eliminated starting February 22, 2024. From January 1, 2024, any allowances recorded in this field do not impact payroll calculations to adhere to Georgia requirements.
Required Actions
If an employee supplies the new G-4 Form and enters an amount for the new Georgia Adjustments Allowance, these allowances should be recorded under the Dependent Allowances field. Both Dependent Allowances and Adjustment Allowances are to be recorded under the Dependent Allowances field
Regards,
@Robert Nedelkow-Oracle | NetSuite Support Community Administrator
Expand your NetSuite knowledge by joining this month's Ask A Guru Live: PROCURE TO PAY. RSVP for this event now!
