![]() ![]() Standard Deduction for MAR and SINGLE remains at $12,750 Standard Deduction for HOH remains at $19,125 The Tax Rate remains at 4.25% Withholding changes for North Carolina The Personal Exemption Amount is $5,400 from $5,000 The Standard Deduction Percent remains at 15 percent.įor Filing Status of AAMAR (Anne Arundel MFJ/HOH).įor Filing Status of ARNDEL (Anne Arundel SGL/DEP/MFS).įor Filing Status of FRMAR (Frederick MFJ/HOH).įor Filing Status of FREDRK (Frederick SGL/DEP/MFS). Standard Deduction Maximum is $2,550 from $2,400.Standard Deduction Minimum is $1,700 from $1,600.Withholding rates for taxpayers filing as EXP1 and EXP2 are as follows: If Over The Standard Deduction Amount for Filing Status: New for 2023 Iowa withholding calculations, federal withholding is no longer subtracted from taxable wages. The Flat tax is 3.15% previously 3.23% Withholding changes for Iowa The Flat tax rate remains at 4.95 and allowances at 1,000 Withholding changes for Indiana The Dependent Exemptions is $2,625 formerly $2,425 Again, that does not match the other filing status, so I choose Other and put 11. Which is 2500/500 = 5.Īnother example, I put 5500 on the form. ![]() OTH1J - OTH, +1 Jobs or Child Cr Allow - Exemption amount of $500Īs an example, lets say I fill out the form and choose an amount of 2500 – it does not match any of the above filing status so I would pick the OTHER status and put a 5 under Cards | Payroll | State Tax in the Number of Dependents field OR Additional Allowances. ![]() There are 2 other parts to this form that have many different exemption amounts, we cannot accommodate all of them in the tax tables.Ī new “OTHER” filing status was added (OTH1J) with Exemption increments of $500 that will accommodate all the "other" amounts on the form if an employee enters. In January 2022 the state of Colorado released a new form called DR-0004 this is optional for an employee to complete.
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