Sage 50 US: Announcing the February 2019 Tax Update for Release 2018 and 2019

2 minute read time.

State and Local Tax Changes

  1. Alabama State Income Tax
    The 2019 tax calculation formula changed.


  2. Colorado State Income Tax
    The 2019 tax calculation formula changed.


  3. Georgia State Income Tax
    The 2019 tax calculation formula changed.


  4. Illinois State Income Tax
    The 2019 tax calculation formula changed.


  5. Maryland State Income Tax
    The 2019 tax calculation formula changed.


  6. Massachusetts State Income Tax
    The 2019 tax calculation formula changed.


  7. Michigan State Income Tax
    The 2019 tax calculation formula changed.


  8. Minnesota State Income Tax
    The 2019 tax calculation formula changed.


  9. Mississippi State Income Tax
    The 2019 tax calculation formula changed.


  10. Missouri State Income Tax
    The 2019 tax calculation formula changed.


  11. New Jersey State Income Tax
    The 2019 tax calculation formula changed.


  12. North Dakota State Income Tax
    The 2019 tax calculation formula changed.


  13. Rhode Island State Income Tax
    The 2019 tax calculation formula changed.


  14. Vermont State Income Tax
    The 2019 tax calculation formula changed.


  15. Washington Paid Family Leave
    Newly introduced and Employee share contribution required; for companies with more than 50 employees, both Employee and Employer contribute.
    ACTION REQUIRED: See KB 95920 for setup instructions.

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. Note: Bold indicates the Wage Base Limit changed in the February 2019 update.
 

State

Employee Annual Wage Limit

State

Employee Annual Wage Limit

Alaska

39,900

New Mexico

24,800

Colorado

13,100

New York

11,400

Hawaii

46,900

North Carolina

24,300

Idaho

40,000

North Dakota

36,400

Iowa

30,600

Oklahoma

18,100

Kentucky

10,500

Oregon

40,600

Michigan

9,500

Rhode Island

23,600

Minnesota

34,000

Utah

35,300

Missouri

12,000

Vermont

15,600

Montana

33,000

Virgin Islands

26,500

Nevada

31,200

Washington

49,800

New Jersey

34,400

Wyoming

25,400

Making sure that your tax update was applied

The version for this tax update is 20190201. 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.

February 2019 Tax Update Release 2018

February 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.

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!