|
|
2008 MN State Withholding Tax Changes
(Posted by: Lisa Sick 12/28/07)
- After you have completed the Payroll End of Year Checklist of tasks (see FAQ/Payroll), including Payroll EOY menu option, then you can change the Federal and State tax tables to begin your 2008 payrolls.
- This is the Minnesota State Tax Table changes specific to Minnesota only.
- Go to 3. Payroll 2. File Setup 9. State Tax Information
- Type C for Change, MN for Minnesota.
- On the first screen, only change one field needs changing, leave the rest as they are:
- Exemption Amount - change from 3,400.00 to $3,500.00
- Press Enter to the next screen.
- Change the 2008 MN State Tax Table for Singles to the following:
- Verify this information with the State Tax information you receive from the government.
- Press Enter to continue to the next screen.
- No Changes are needed on the MN State Single Rates.
- Press Enter to continue to the next screen.
- Change the 2008 MN State Tax Table for Married to the following:
- Verify this information with the State Tax information you receive from the government.
- Press Enter to continue to the next screen.
- No Changes are needed on the MN State Married Rates or the last screen of information.
- Press Enter to continue through these screens.
- No Changes are needed on the last screen of the MN State Married Rates.
- Press Enter to continue through all the screens and return to this screen:
You have completed the MN Tax Table changes.
For additional help, please contact Support by calling (877)282-6353 or via email at support@agvantage.com.
|
