Supported Releases: 2015 and 2016
State and Local Tax Changes
- District of Columbia
The 2016 withholding tables changed.
- Maryland State Income Tax
The 2016 local withholding rates changed for Anne Arundel County and Worcester County. Please refer to the Comptroller of Maryland’s web site for more information.
- Massachusetts State Income Tax
The 2016 withholding tables changed.
- Missouri State Income Tax
The 2016 withholding tables changed.
- North Carolina State Income Tax
The 2016 withholding tables changed.
- North Dakota State Income Tax
The 2016 withholding tables changed.
- Oregon State Income Tax
The 2016 withholding tables changed.
- Rhode Island State Income Tax
The 2016 withholding tables changed.
- Vermont State Income Tax
The 2016 withholding tables changed.
2016 State Unemployment Wage Limits
The following state unemployment wage limits apply for 2016. For details on how to apply the limits for your state, please review the following articles in the Year-End Center:
How to automatically update your user-maintained payroll taxes and benefits for the new year using the Update Wizard
|
State |
Employee Annual Wage Limit |
State |
Employee Annual Wage Limit |
|
Alaska |
39,700 |
North Carolina |
22,300 |
|
Colorado |
12,200 |
North Dakota |
37,200 |
|
Hawaii |
42,200 |
Oklahoma |
17,500 |
|
Idaho |
37,200 |
Oregon |
36,900 |
|
Iowa |
28,300 |
Pennsylvania |
9,500 |
|
Kansas |
14,000 |
Rhode Island |
**22,000 |
|
Kentucky |
10,200 |
Tennessee |
8,000 |
|
Minnesota |
31,000 |
Utah |
32,200 |
|
Montana |
30,500 |
Vermont |
16,800 |
|
Nevada |
28,200 |
Virgin Islands |
23,000 |
|
New Jersey |
32,600 |
Washington |
44,000 |
|
New York |
10,700 |
Wyoming |
25,500 |
Bold and Red indicates the Wage Base Limit changed in the 2nd January 2016 update.
** Rhode Island SUI Wage Limit in 2016 is $22,000; however for those in the highest rate bracket, the SUI Wage Limit is $23,500.
Tax Forms
1096 and the 1099 Interest forms: The 2015 1099 and 1096 Tax Forms are included in this update.
Payroll Tax Forms: The payroll tax forms are now all updated within the Payroll Tax Form Selector window. To receive an update, select a Federal or State form and click on Next. If there is an update, the next window to appear will have an option to automatically update your forms. It is strongly recommended that you take all forms updates.
NOTE: The payroll forms update also updates the forms lists that appear in the Payroll Tax Form Selector window. If you are trying to run a year-end 2015 form such as W-2’s, 940/943/945 but only see the 2014 forms listed then:
- Select the 2014 form that you want and click on OK.
- If you have a current Sage 50 Payroll Solutions or Business Care subscription, the next window will prompt you to update your forms.
- After taking the forms update, you will see the 2015 year-end forms listed in the Payroll Tax Form Selector window.
Special Note: The forms provided by Sage 50 are approved by the taxing authorities. A few states have not yet approved their forms. Any form, that can be printed and mailed, and is awaiting approval, will print with the banner “Record Copy Do Not File”. We will be removing the “Record Copy” as the taxing agencies approve the forms. There will be periodic online updates for these forms via the Automatic Update feature in Payroll Tax form.
Making Sure That Your Tax Update is Applied
The version for this tax update is 20160102 for Release 2015 and 2016. Follow these steps to make sure that your tax update was applied:
For Releases 2015 and 2016:
1. Open your Sage 50 company.
2. Select Help > About Sage 50 Accounting.
3. Confirm that the Installed Tax Update version number matches the version number listed above.
Getting Help and Customer Support
Help within your Sage 50 application is a great source of information. Help can be accessed from a Sage 50 window by clicking on the Help button in the toolbar or pressing F1 key while on a field.
In addition to Help, you can access Support by going to http://www.Sage50Accounting.com/support or the Sage 50 Accounting User Community at http://community.sage50accounting.com/
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Tax Table Versions:
Release 2015, 2016: 20160102
Executable Names:
Tax2016Jan02_Release2015.exe
Tax2016Jan02_Release2016.exe