Well this is super frustrating as I was told by someone in the forum that it was ok to run payroll as long as I changed my state withholding rate which I did. I have to run payroll on Mondays and that is what I did. I would have no idea how to manually calculate the rates and I can't believe Sage would encourage us to do that.

In comparing the existing table in the system after the tax update with the IRS 2022 table, we will be OVER withholding on the FWH taxes. And, one week should not make that big a difference. Especially the first week of the year. We have until Wed morning to run PR, so we are waiting until then. But, if the tax update doesn't come, we are running PR based on the existing tables. I think we are all good. It is frustrating though!

In comparing the existing table in the system after the tax update with the IRS 2022 table, we will be OVER withholding on the FWH taxes. And, one week should not make that big a difference. Especially the first week of the year. We have until Wed morning to run PR, so we are waiting until then. But, if the tax update doesn't come, we are running PR based on the existing tables. I think we are all good. It is frustrating though!

From my understanding Sage calculates the taxes based on YTD, so it would correct itself next week if we ran Payroll this week before updating the taxes. Can anyone confirm this?

Can you tell me how to get to those tables?  I can't seem to find them... thank you!

The tax tables are in the Pub 15T. Also, if you search for That Payroll Guy (Gerald Hall) on Linked In. He has a tax calculator already released that will break it down and also calculate for you.

The tax tables for anyone that has not completed a W4 after 01/01/2020 will under withhold from my comparison on spot checking.  However, there are a few that would over withhold if they completed a W-4 after 2020.

I do not believe this is accurate. There are only 2 types of withholding methods, Flat Rate and Percentage Rate and per the IRS Pub 15T, payroll service providers use the percentage rate. The tax is based on an annualized amount, but it does not "make up" at any point.

Kaysong said 'in comparing the existing table in the System'.. I thought that meant she was viewing an actual table in Sage? That is what I was trying to find. 

Sorry, I misunderstood.  To into the Setup Tax Rates, find the tax FWH and then tab. At the bottom there will be a table button, you look at that and compare the tables for each filing status. 

Select each type of filing status to see the table for that filing status.