When is the update going to come through for the 2024 Federal Withholding Tables?

SUGGESTED

It is already mid-January-When should we expect a Payroll Tax Update for the 2024 Federal Withholding Tables? 

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  • 0

    Hi  ,

    Thanks for reaching out. The first tax update for 2024, including the Federal Tax Tables, has been released. However, please note that not all taxes were finalized at the time of this initial release.

    A second update will be coming in the near future, which will include the final Federal Withholding Tables and amounts for 2024. You can stay informed on the release of this update and access the current tax table updates through our recent announcement here: January 2024 Sage 50 Payroll Solutions Update.

    We understand the importance of having the most up-to-date tax information and appreciate your understanding as we work to provide the final details.

    If you need further assistance or have additional questions, please feel free to reach out to our support team.

    Warm Regards, 
    Erzsi

  • 0 in reply to Erzsi_I

    We are still waiting on the Federal Withholding Tables to be updated for 2024 - what is the issue as to why this has not been updated as of now?  We are over 5 weeks in to the new year and those tables were published by the IRS in December. What is the time frame for the update?

  • 0 in reply to Jamie S-PR
    SUGGESTED

    Hi  , the team has confirmed that the 2nd January tax update is tentatively scheduled for release on 2/8/24. Stay tuned for the announcement coming soon. 

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