Summary

The Federal Tax Table Update tool is used to update existing FED tax table records to meet new IRS requirements.

Step by Step

1     Open the Federal Tax Table Update window (PR> Utilities> Federal Tax Table Update).

2     Update the FED tax table records.

• The Federal Tax Table Update window will display all the FED tax tables in the system.
  • Tax tables are created and maintained on the Tax Table Maintenance window (PR> Maintenance> Tax Table).
• The Code column displays FED as only Federal tax tables will be pulled into the tool.
• The Year column displays the latest IRS year.
• The Filing Status column allows users to select a new filing status for the tax table.
  • Double-click the Filing Status column for the tax table that needs to be updated and use the drop-down menu to select the new filing status for the tax table.
• The Description column displays the description associated with the tax table record.
• Once the Filing Status has been updated, click the Save button to update the FED tax tables.