Installed the Payroll Tax Table update early

Solution Properties

Solution ID:

222924350018746

Last Modified Date:

Thu Nov 07 15:15:19 UTC 2024

Taxonomy Path:

Category//Payroll and HR//Payroll year end

Author:

sageadmin

Installed the Payroll Tax Table update early

Description

Cause

Resolution

Manually update any Federal and State Limits and rates to the correct OASDI limit, $168,600 for 2024.
After processing year-end tax forms, reinstall the tax table update or reset the OASDI limit to $176,100.
Then process your payroll for the new year.

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