Tiered rates example

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Important reminder!

Licenses for Payroll CS, Trial Balance CS, and Write-Up CS (but not Engagement CS) permanently expired on March 1, 2017. CSA will not include 2017 tax rates or payroll forms, so, for 2017 and beyond, you will need to process payroll in another application. We recommend Accounting CS Payroll and myPay Solutions. For more information, see the following topics.

When setting up local tax tables, you have the option to change the calculation basis for the tax table from annualized earnings to year-to-date earnings.

When the Tiered rates checkbox is marked in the Tax Local Tax Tables dialog, the columns available in the Tax table grid are modified to reflect the change in the calculation basis. Rather than basing withholding amounts based on employees' annualized wages, you can base those amounts on the year-to-date earnings.

The YTD Wages Over column begins at $0.00 because the first row represents the zero bracket. The amount you enter in the But Not More Than column becomes the beginning of the next bracket in the following row. In the Percent of Wages column, enter the percentage amount of tax to be withheld for that bracket.

For example, the withholding rate is 0.7% for the first $25,000.00 in wages, and 0.1% for wages over $25,000.00 up to $84,900.00. This grid allows you to enter those amounts and have the application change the tax calculation automatically when the employee changes brackets.

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