Sage 50 - U.S. Edition: Announcing the 1st January 2019 Tax Update for Release 2018 and 2019

3 minute read time.

Federal Tax Changes

  1. Federal Income Tax Withholding 
    The 2019 allowance amount and withholding tax tables changed.
  2. Social Security Wage Base
    The 2019 social security wage base increased to $132,900.

State and Local Tax Changes

  1. Alaska Employee State Unemployment Tax
    The 2019 wage base was increased.
  2. California State Disability Insurance
    The 2019 wage limit increased.
  3. California State Income Tax
    The 2019 withholding tables changed.
  4. Hawaii Temporary Disability Insurance
    The 2019 wage limit increased.
  5. Iowa State Income Tax
    The 2019 standard deduction amounts and withholding tables changed.
  6. Kentucky State Income Tax
    The 2019 standard deduction amount changed.
  7. Maine State Income Tax
    The 2019 standard deduction amounts and withholding tables changed.
  8. Maryland State Income Tax
    The 2019 standard deduction amount changed.
  9. New Jersey State Disability Insurance, Unemployment Insurance and Family Leave Insurance
    The 2019 rates and taxable wage base changed.
  10. New York Paid Family Leave
    The weekly wage base limit and rate changed for 2019.
  11. New York State Income Tax
    The 2019 withholding tables changed.
  12. New York Yonkers Local Income Tax
    The 2019 withholding tables changed.
  13. North Carolina State Income
    The 2019 standard deduction amount and withholding tables changed.
  14. Ohio State Income Tax
    The 2019 multiplier rate wage changed.
  15. Oregon State Employer Tax – Tri-Met and Lane Districts
    The 2019 rates changed.
  16. Rhode Island State Disability Insurance
    The 2019 wage base increased.
  17. Rhode Island State Income Tax
    The 2019 withholding tables changed.
  18. South Carolina State Income Tax
    The 2019 withholding tables changed.

2019 State Unemployment Wage Limits

The following state unemployment wage limits apply for 2019.  For details on how to apply the limits for your state, please review Sage Knowledgebase article 11124. For additional information, please reference articles in the Sage City Year-end Center
 

State

Employee Annual Wage Limit

State

Employee Annual Wage Limit

Alaska

39,900

New York

11,400

Colorado

13,100

North Carolina

24,300

Hawaii

46,900

North Dakota

36,400

Iowa

30,600

Oklahoma

18,100

Kentucky

10,500

Oregon

40,600

Minnesota

34,000

Rhode Island

23,600

Missouri

12,000

Utah

35,300

Montana

33,000

Vermont

15,600

Nevada

31,200

Washington

49,800

New Jersey

34,400

Wyoming

25,400

New Mexico

24,800

 

 

Tax Forms  

Payroll Tax Forms: The payroll tax forms are now all updated within the Payroll Tax Form Selector window as of December 20, 2018.   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 2018 form such as W-2’s, 940/943/945 but only see the 2017 forms listed then:

  • Select the 2017 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 2018 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 20190101. Follow these steps to make sure that your tax update was applied: 

  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.

January 2019 Tax Update Release 2018

January 2019 Tax Update Release 2019

Getting Help  

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.

Need more help?

Visit our Sage City Customer Resources page for additional resources, including links to support options like Live Chat and Online Case submission, the Sage Knowledgebase, Sage University, and more.

For tips and resources to help with your year-end processes, visit the Sage City Year-end Center—bookmark it today!

Important: Please note that the Sage 50 Accounting U.S. Announcements, News, and Alerts has been created to host product announcements, such as the latest releases and tax updates, along with other news and information regarding Sage 50—U.S. Edition. Please be sure to subscribe to this forum and be on the lookout for any new updates!