From 1748b219d1d8e0c05eb5aa7ce43cd334cc09d709 Mon Sep 17 00:00:00 2001 From: Terry Heley <43243051+theley502@users.noreply.github.com> Date: Thu, 16 Jan 2025 17:13:19 -0600 Subject: [PATCH 1/7] Update CAN18YETax.md --- dynamics-gp/payroll/CAN18YETax.md | 7 ++++--- 1 file changed, 4 insertions(+), 3 deletions(-) diff --git a/dynamics-gp/payroll/CAN18YETax.md b/dynamics-gp/payroll/CAN18YETax.md index 902e8b83..61662b34 100644 --- a/dynamics-gp/payroll/CAN18YETax.md +++ b/dynamics-gp/payroll/CAN18YETax.md @@ -8,7 +8,7 @@ manager: jswymer ms.topic: article ms.reviewer: jswymer ms.author: theley -ms.date: 12/9/2024 +ms.date: 1/16/2024 --- # Canadian Payroll 2024 Year-end Update & 2025 Tax Update @@ -327,9 +327,10 @@ Contribution rates for both employers and employees for 2025 is 5.95%. The follo > Example: > Constant 1 2024 Maximum > Constant 2 2025 Maximum +> To determine when you run a 2025 payroll what maximum to use, the system looks to the Federal Basic Personal Amount in the Tax Credit Control window (Tools > Setup > Payroll Canada > Control > Tax Credits). +> The system expects the amount of $16,129 for Federal Basic personal Amount in the control and then it will pull the 2025 maximum. -To determine when you run a 2025 payroll what maximum to use, the system looks to the Federal Basic Personal Amount in the Tax Credit Control window (Tools > Setup > Payroll Canada > Control > Tax Credits). -The system expects the amount of $16,129 for Federal Basic personal Amount in the control and then it will pull the 2025 maximum. +#### Canadian Payroll Tax Calculations [The CRA accepts different tax calculation methods, and these are outlined on their website](https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/t4127-payroll-deductions-formulas-computer-programs.html) From 0b2bb0f7fe56d4c3a64a01340ce5f08566565666 Mon Sep 17 00:00:00 2001 From: Terry Heley <43243051+theley502@users.noreply.github.com> Date: Fri, 17 Jan 2025 14:00:13 -0600 Subject: [PATCH 2/7] Update US19JanTaxR1.md --- dynamics-gp/payroll/US19JanTaxR1.md | 76 ++++++----------------------- 1 file changed, 16 insertions(+), 60 deletions(-) diff --git a/dynamics-gp/payroll/US19JanTaxR1.md b/dynamics-gp/payroll/US19JanTaxR1.md index 97cbe7de..993cbbd5 100644 --- a/dynamics-gp/payroll/US19JanTaxR1.md +++ b/dynamics-gp/payroll/US19JanTaxR1.md @@ -6,7 +6,7 @@ author: theley502 ms.topic: article ms.reviewer: jswymer ms.author: theley -ms.date: 1/9/2025 +ms.date: 1/17/2025 --- # U.S. 2025 Payroll Tax Update @@ -31,7 +31,7 @@ Check out these blogs for detailed documentation on how you calculate payroll ta ## Changes in January Round 2 update (Target Release 1/21/2025) - Arkansas -- Louisiana +- Louisiana - code change required - Minnesota - Montana - North Carolina @@ -100,22 +100,22 @@ Tax Type rates for Filing Status NA: - Standard Deduction for SM1 $12,500 - Standard Deduction for M2 $25,000 +> If you have employees set up to withhold Louisiana state tax, then, when you apply this update, you must also apply the [January 2025 Hotfix (code) for the Louisiana state](/dynamics/s-e/gp/mdgp2018_patchreleases_377) > taxes to be correct for the year 2025. + ### Withholding changes for Minnesota The Personal Exemption amount is \$5,200 for all Filing Status. Withholding rates for taxpayers filing as *MAR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 14,300 | 0 | 0% | 0 | -| 14,300 | 61,920 | 0 | 5.35 | 14,300 | +| 14,300 | 61,920 | 0 | 5.35% | 14,300 | | 61,920 | 203,480 | 2,547.67 | 6.80% | 61,920 | | 203,480 | 344,710 | 12,173.75 | 7.85% | 203,480 | | 344,710 | And Over | 23,260.31 | 9.85% | 344,710 | Withholding rates for taxpayers filing as *SINGLE*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |---------|--------------|------------|----------|----------------| | 0 | 4,550 | 0 | 0% | 0 | @@ -129,7 +129,6 @@ Withholding rates for taxpayers filing as *SINGLE*: The Personal Exemption amount is $0 formerly $2,070 (2023). Tax Type rates for MAR Filing Status: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 30,000 | 0 | 0% | 0 | @@ -137,7 +136,6 @@ Tax Type rates for MAR Filing Status: | 72,200 | And Over | 1,983 | 5.9% | 72,200 | Tax Type rates for SINGLE Filing Status: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 15,000 | 0 | 0% | 0 | @@ -145,7 +143,6 @@ Tax Type rates for SINGLE Filing Status: | 36,100 | And Over | 992 | 5.9% | 36,100 | Tax Type rates for HOH Filing Status: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 22,500 | 0 | 0% | 0 | @@ -170,7 +167,6 @@ The Personal Exemption amount is \$5,050 for Filing Status MAR and SINGLE. > For the 2025 year, Section 2 Withholding Methods for Forms W-4 for 2020 and After has the same wage brackets as (Forms W-4 Before 2020). Withholding rates for taxpayers filing as *MAR* & *MARHR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|-------------------| | 0 | 55,488 | 0 | 0% | 0 | @@ -178,7 +174,6 @@ Withholding rates for taxpayers filing as *MAR* & *MARHR*: | 164,038 | And Over | 2,116.73 | 2.50% | 164,038 | Withholding rates for taxpayers filing as *SINGLE* & *SINGHR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|-------------------| | 0 | 55,975 | 0 | 0% | 0 | @@ -186,7 +181,6 @@ Withholding rates for taxpayers filing as *SINGLE* & *SINGHR*: | 252,325 | And Over | 3,828.83 | 2.50% | 252,325 | Withholding rates for taxpayers filing as *HOHHR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |---------|--------------|------------|----------|----------------| | 0 | 76,200 | 0 | 0% | 0 | @@ -203,7 +197,6 @@ Withholding rates for taxpayers filing as *HOHHR*: - HB2119 requires employers to withhold income tax at a rate of 8 percent of employee wages if they employee has not provided a withholding statement or exemption certificate. Continue withholding at the 8 percent rate until the employee submits a withholding statement and exemption certificate. Special Tax Type rates for MS3 Filing Status: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 49,999 | 8,500 | 0% | 0 | @@ -213,10 +206,8 @@ Special Tax Type rates for MS3 Filing Status: | 269,999 | 279,999 | 3,400 | 0% | 0 | | 279,999 | 289,999 | 1,700 | 0% | 0 | | 289,999 | And over | 0 | 0% | 0 | -| | | | | | Special Tax Type rates for S2 and S3 Filing Status: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 49,999 | 8,500 | 0% | 0 | @@ -228,7 +219,6 @@ Special Tax Type rates for S2 and S3 Filing Status: | 144,999 | And over | 0 | 0% | 0 | Tax Type rates for MS3 and S3 Filing Status: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 35,830 | 0 | 0% | 0 | @@ -236,7 +226,6 @@ Tax Type rates for MS3 and S3 Filing Status: | 250,000 | And over | 21,256 | 9.9% | 250,000 | Tax Type rates for S2 Filing Status: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 38,665 | 0 | 0% | 0 | @@ -244,7 +233,6 @@ Tax Type rates for S2 Filing Status: | 125,000 | And Over | 10,627 | 9.9% | 125,000 | Low Income Type rates for MS3 and S3 Filing Status: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 8,800 | 256 | 4.75% | 0 | @@ -252,7 +240,6 @@ Low Income Type rates for MS3 and S3 Filing Status: | 22,200 | 50,000 | 1,579 | 8.75% | 22,200 | Low Income Type rates for S2 Filing Status: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 4,400 | 256 | 4.75% | 0 | @@ -265,8 +252,7 @@ Low Income Type rates for S2 Filing Status: For all Filing Status the Personal Exemption ($1,000) wage limit increased to $283,250 Withholding rates for taxpayers filing as *MAR* and *SINGLE*: - -| If Over | But Not Over | Tax Amount | Tax Rate| On Excess Over| +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 79,900 | 0 | 3.75% | 0 | | 79,900 | 181,650 | 2,996.25 | 4.75% | 79,900 | @@ -278,7 +264,6 @@ Withholding rates for taxpayers filing as *MAR* and *SINGLE*: The Personal Exemption amount is $5,300 Withholding rates for taxpayers filing as *MAR* - | If Over | But Not Over | Tax Amount| Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 11,475 | 0 | 0% | 0 | @@ -288,7 +273,6 @@ Withholding rates for taxpayers filing as *MAR* | 315,475 | And Over | 18,428.25 | 8.75% | 315,475 | Withholding rates for taxpayers filing as *SINGLE* - | If Over | But Not Over | Tax Amount| Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 3,825 | 0 | 0% | 0 | @@ -341,7 +325,6 @@ Withholding rates for taxpayers filing as *NRA*: | 643,450 | And Over | 188,769.75 | 37% | 643,450 | Withholding rates for taxpayers filing as *NRAHR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | | 22,500 | 0 | 0% | 0 | @@ -354,7 +337,6 @@ Withholding rates for taxpayers filing as *NRAHR*: | 335,675 | And Over | 94,384.88 | 37% | 335,675 | Withholding rates for taxpayers filing as *MAR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over| |------------|-----------------|---------------|-------------|-------------------| | 0 | 17,100 | 0 | 0% | 0 | @@ -367,7 +349,6 @@ Withholding rates for taxpayers filing as *MAR*: | 768,700 | And Over | 202,154.50 | 37% | 768,700 | Withholding rates for taxpayers filing as *MARHR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 15,000 | 0 | 0% | 0 | @@ -380,7 +361,6 @@ Withholding rates for taxpayers filing as *MARHR*: | 390,800 | And Over | 101,077.25 | 37% | 390,800 | Withholding rates for taxpayers filing as *SINGLE*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |---------|--------------|------------|----------|----------------| | 0 | 6,400 | 0 | 0% | 0 | @@ -393,7 +373,6 @@ Withholding rates for taxpayers filing as *SINGLE*: | 632,750 | And Over | 188,769.75 | 37% | 632,750 | Withholding rates for taxpayers filing as *SGLHHR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|----------------| | 0 | 7,500 | 0 | 0% | 0 | @@ -406,7 +385,6 @@ Withholding rates for taxpayers filing as *SGLHHR*: | 320,675 | And Over | 94,384.88 | 37% | 320,675 | Withholding rates for taxpayers filing as *HOH*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|-------------------| | 0 | 13,900 | 0 | 0% | 0 | @@ -419,7 +397,6 @@ Withholding rates for taxpayers filing as *HOH*: | 640,250 | And Over | 187,031.50 | 37% | 640,250 | Withholding rates for taxpayers filing as *HOHHR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|--------------------| | 0 | 11,250 | 0 | 0% | 0 | @@ -446,7 +423,6 @@ For Filing Status of MAR1 and SINGLE: - Low Income Limit is $18,368 from $17,769 Withholding rates for taxpayers filing as *HOH*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 21,527 | 0 | 1.1% | 0 | @@ -461,8 +437,7 @@ Withholding rates for taxpayers filing as *HOH*: | 1,000,000 | And Over | 106,669.70 | 14.63% | 1,000,000 | Withholding rates for taxpayers filing as *MAR1* and *MAR2*: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 21,512 | 0 | 1.1% | 0 | | 21,512 | 50,998 | 236.63 | 2.2% | 21,512 | @@ -476,8 +451,7 @@ Withholding rates for taxpayers filing as *MAR1* and *MAR2*: | 1,442,628 | And Over | 159,124.94 | 14.63% | 1,442,628 | Withholding rates for taxpayers filing as *SINGLE*: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 10,756 | 0 | 1.1% | 0 | | 10,756 | 25,499 | 118.32 | 2.2% | 10,756 | @@ -521,7 +495,6 @@ Another example, I put 5500 on the form. Again, it does not match the other fili - Personal Exemption is $1,144 Withholding rates for taxpayers filing as *MAR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 19,200 | 0 | 1.4% | 0 | @@ -534,7 +507,6 @@ Withholding rates for taxpayers filing as *MAR*: | 250,000 | And Over | 16,782.00 | 7.9% | 250,000 | Withholding rates for taxpayers filing as *SHOH*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 9,600 | 0 | 0% | 0 | @@ -565,7 +537,6 @@ New filing status as of January 1, 2025 All filing statuses have the same fixed flat tax of 3.80% Personal Exemption Tax Type rates for ALL filling Status: - | If Over |But Not Over | Tax Amoun | Tax Rate | On Excess Over | |----------|-------------|-------------|--------------|--------------------| | 0 | 1 | 40 | 0% | 0 | @@ -603,7 +574,6 @@ Personal Exemption Tax Type rates for ALL filling Status: - Personal Exemption is $5,150 was $5,000 Withholding rates for taxpayers filing as *SINGLE*, Tax table type: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 26,800 | 0 | 5.8% | 0 | @@ -611,14 +581,12 @@ Withholding rates for taxpayers filing as *SINGLE*, Tax table type: | 63,450 | And over | 4,028 | 7.15% | 63,450 | Special table type: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 100,000 | 0 | 0 | 12,150 | | 100,000 | 175,000 | 75,000 | 0 | 0 | Withholding rates for taxpayers filing as MAR, Tax table type: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 53,600 | | 5.80% | 0 | @@ -626,8 +594,7 @@ Withholding rates for taxpayers filing as MAR, Tax table type: | 126,900 | And Over | 8,057 | 7.15% | 126,900 | Special table type: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over| +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 200,050 | 0 | 0 | 27,150 | | 200,050 | 350,050 | 150,000 | 0 | 0 | @@ -644,8 +611,7 @@ Special table type: - The Standard Deduction is $15,000 prior \$14,600 for filing status MAR2 and SINGLE Withholding rates for all filing status: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 1,313 | 0 | 0% | 0 | | 1,313 | 2,626 | 0 | 2.0% | 1,313 | @@ -662,7 +628,6 @@ Withholding rates for all filing status: The Personal Exemption amount is $2,360 formerly \$2,250 for Filing Status MAR and SINGLE. Withholding rates for taxpayers filing as *MAR*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 7,910 | 0 | 0 | 0 | @@ -674,7 +639,6 @@ Withholding rates for taxpayers filing as *MAR*: | 80,040 | And over | 3,183.87 | 5.37% | 80,040 | Withholding rates for taxpayers filing as *SINGLE*: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 3,310 | 0 | 0 | 0 | @@ -688,8 +652,7 @@ Withholding rates for taxpayers filing as *SINGLE*: ### Withholding changes for New Mexico Withholding rates for taxpayers filing as *MAR*: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 15,000 | 0 | 0% | 0 | | 15,000 | 23,000 | 0 | 1.5% | 15,000 | @@ -703,8 +666,7 @@ Withholding rates for taxpayers filing as *MAR*: | 330,000 | And Over | 14,624 | 5.9% | 330,000 | Withholding rates for taxpayers filing as *SINGLE*: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 7,500 | 0 | 0% | 0 | | 7,500 | 13,000 | 0 | 1.5% | 7,500 | @@ -718,8 +680,7 @@ Withholding rates for taxpayers filing as *SINGLE*: | 217,500 | And Over | 9,748.00 | 5.9% | 217,500 | Withholding rates for taxpayers filing as *HOH*: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 11,250 | 0 | 0% | 0 | | 11,250 | 19,250 | 0 | 1.5% | 11,250 | @@ -735,8 +696,7 @@ Withholding rates for taxpayers filing as *HOH*: ### Withholding changes for Oklahoma Withholding rates for taxpayers filing as *MARH*: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 12,700 | 0 | 0% | 0 | | 12,700 | 14,700 | 0 | .25% | 12,700 | @@ -747,8 +707,7 @@ Withholding rates for taxpayers filing as *MARH*: | 27,100 | And Over | 307.00 | 4.75% | 27,100 | Withholding rates for taxpayers filing as *SINGLE*, *MFS*, *MAR2*: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 6,350 | 0 | 0% | 0 | | 6,350 | 7,350 | 0 | .25% | 6,350 | @@ -764,8 +723,7 @@ Withholding rates for taxpayers filing as *SINGLE*, *MFS*, *MAR2*: - The Standard Deduction Maximum is $7,300 for ONE Filing Status. Tax Type rates for all Filing Status: - -| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | +| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 3,560 | 0 | 0.0% | 0 | | 3,560 | 17,830 | -106.80 | 3.0% | 0 | @@ -776,7 +734,6 @@ Tax Type rates for all Filing Status: The Personal Exemption amount is $2,000 For all filing status. Withholding rates for taxpayers filing as PM (Percentage Method) are as follows: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|--------------------| | 0 | 10,000 | 0 | 2.22% | 0 | @@ -786,7 +743,6 @@ Withholding rates for taxpayers filing as PM (Percentage Method) are as follows: | 60,000 | and over | 2,053.50 | 4.82% | 60,000 | Withholding rates for taxpayers filing as TE (Two Earner Option) are as follows: - | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|--------------------| | 0 | 7,500 | 0 | 2.22% | 0 | From a0c840939608c5b37925693a970d7cb9807c6fc1 Mon Sep 17 00:00:00 2001 From: jswymer Date: Mon, 27 Jan 2025 13:50:20 +0100 Subject: [PATCH 3/7] Fix broken link in CAN18YETax.md --- dynamics-gp/payroll/CAN18YETax.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/dynamics-gp/payroll/CAN18YETax.md b/dynamics-gp/payroll/CAN18YETax.md index 61662b34..647553af 100644 --- a/dynamics-gp/payroll/CAN18YETax.md +++ b/dynamics-gp/payroll/CAN18YETax.md @@ -140,7 +140,7 @@ Canadian Payroll for Microsoft Dynamics GP has the ability to generate the XML f ### Finding the Software Developer Number and RL-1 Authorization number -If you plan to use the Internet to submit RL-1 records, you need to obtain the [Software Developer Number and the RL-1 Slip authorization number](https://learn.microsoft.com/dynamics/s-e/gp/cagptuye2018_285). Both numbers change every year. +If you plan to use the Internet to submit RL-1 records, you need to obtain the [Software Developer Number and the RL-1 Slip authorization number](/dynamics/s-e/gp/cagptuye2018_285). Both numbers change every year. You also can see [XML and form changes](#xml-and-form-changes) for the RL-1 authorization number and the steps for entering it. From 5957c8df69eb185af0d1c5d77fda684b78731def Mon Sep 17 00:00:00 2001 From: jswymer Date: Mon, 27 Jan 2025 14:04:52 +0100 Subject: [PATCH 4/7] Fix formatting for CPP and EI maximums --- dynamics-gp/payroll/CAN18YETax.md | 9 +++++---- 1 file changed, 5 insertions(+), 4 deletions(-) diff --git a/dynamics-gp/payroll/CAN18YETax.md b/dynamics-gp/payroll/CAN18YETax.md index 647553af..28e8db73 100644 --- a/dynamics-gp/payroll/CAN18YETax.md +++ b/dynamics-gp/payroll/CAN18YETax.md @@ -105,8 +105,9 @@ Use the following checklist for Canadian Payroll year-end processing. For detail To make it easier to determine CPP and EI maximums between running a payroll in a new year (2025 maximums) and printing T4's from prior years (2024 maximum), two constants are created each with the year maximum in place. Example: -Constant 1 2024 Maximum -Constant 2 2025 Maximum + +- Constant 1 2024 Maximum +- Constant 2 2025 Maximum To determine when you run a 2024 payroll what maximum to use, the system looks to the **Federal Basic Personal Amount** in the Tax Credit Control window. Tools | Setup | Payroll Canada | Control | Tax Credits. @@ -325,8 +326,8 @@ Contribution rates for both employers and employees for 2025 is 5.95%. The follo > To make it easier to determine CPP and EI maximums between running a payroll in a new year (2025 maximums) and printing T4's from prior years (2024 maximum), two constants are created each with the year maximum in place. > > Example: -> Constant 1 2024 Maximum -> Constant 2 2025 Maximum +> - Constant 1 2024 Maximum +> - Constant 2 2025 Maximum > To determine when you run a 2025 payroll what maximum to use, the system looks to the Federal Basic Personal Amount in the Tax Credit Control window (Tools > Setup > Payroll Canada > Control > Tax Credits). > The system expects the amount of $16,129 for Federal Basic personal Amount in the control and then it will pull the 2025 maximum. From 8947d5d413c223b8d4f63cb2e3d511d61ba447d7 Mon Sep 17 00:00:00 2001 From: jswymer Date: Mon, 27 Jan 2025 14:06:14 +0100 Subject: [PATCH 5/7] Add example for 2025 payroll maximum. --- dynamics-gp/payroll/CAN18YETax.md | 1 + 1 file changed, 1 insertion(+) diff --git a/dynamics-gp/payroll/CAN18YETax.md b/dynamics-gp/payroll/CAN18YETax.md index 28e8db73..0f6d0d5e 100644 --- a/dynamics-gp/payroll/CAN18YETax.md +++ b/dynamics-gp/payroll/CAN18YETax.md @@ -328,6 +328,7 @@ Contribution rates for both employers and employees for 2025 is 5.95%. The follo > Example: > - Constant 1 2024 Maximum > - Constant 2 2025 Maximum +> > To determine when you run a 2025 payroll what maximum to use, the system looks to the Federal Basic Personal Amount in the Tax Credit Control window (Tools > Setup > Payroll Canada > Control > Tax Credits). > The system expects the amount of $16,129 for Federal Basic personal Amount in the control and then it will pull the 2025 maximum. From d07e0162d918b630e8912c395349c2538dbcb49d Mon Sep 17 00:00:00 2001 From: jswymer Date: Mon, 27 Jan 2025 14:17:20 +0100 Subject: [PATCH 6/7] Add note about Louisiana state tax update --- dynamics-gp/payroll/US19JanTaxR1.md | 3 ++- 1 file changed, 2 insertions(+), 1 deletion(-) diff --git a/dynamics-gp/payroll/US19JanTaxR1.md b/dynamics-gp/payroll/US19JanTaxR1.md index 993cbbd5..9491f2b6 100644 --- a/dynamics-gp/payroll/US19JanTaxR1.md +++ b/dynamics-gp/payroll/US19JanTaxR1.md @@ -100,7 +100,8 @@ Tax Type rates for Filing Status NA: - Standard Deduction for SM1 $12,500 - Standard Deduction for M2 $25,000 -> If you have employees set up to withhold Louisiana state tax, then, when you apply this update, you must also apply the [January 2025 Hotfix (code) for the Louisiana state](/dynamics/s-e/gp/mdgp2018_patchreleases_377) > taxes to be correct for the year 2025. +> [!NOTE] +> If you have employees set up to withhold Louisiana state tax, when you apply this update, you must also apply the [January 2025 Hotfix (code) for the Louisiana state](/dynamics/s-e/gp/mdgp2018_patchreleases_377) > taxes to be correct for the year 2025. ### Withholding changes for Minnesota From 797ceae566d76c98d6b5dc62bf84ae24967d55c4 Mon Sep 17 00:00:00 2001 From: jswymer Date: Mon, 27 Jan 2025 14:24:44 +0100 Subject: [PATCH 7/7] Add withholding rates and exemptions for various filing statuses. --- dynamics-gp/payroll/US19JanTaxR1.md | 49 +++++++++++++++++++++++++++-- 1 file changed, 47 insertions(+), 2 deletions(-) diff --git a/dynamics-gp/payroll/US19JanTaxR1.md b/dynamics-gp/payroll/US19JanTaxR1.md index 9491f2b6..b1331484 100644 --- a/dynamics-gp/payroll/US19JanTaxR1.md +++ b/dynamics-gp/payroll/US19JanTaxR1.md @@ -108,6 +108,7 @@ Tax Type rates for Filing Status NA: The Personal Exemption amount is \$5,200 for all Filing Status. Withholding rates for taxpayers filing as *MAR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 14,300 | 0 | 0% | 0 | @@ -117,6 +118,7 @@ Withholding rates for taxpayers filing as *MAR*: | 344,710 | And Over | 23,260.31 | 9.85% | 344,710 | Withholding rates for taxpayers filing as *SINGLE*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |---------|--------------|------------|----------|----------------| | 0 | 4,550 | 0 | 0% | 0 | @@ -130,6 +132,7 @@ Withholding rates for taxpayers filing as *SINGLE*: The Personal Exemption amount is $0 formerly $2,070 (2023). Tax Type rates for MAR Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 30,000 | 0 | 0% | 0 | @@ -137,6 +140,7 @@ Tax Type rates for MAR Filing Status: | 72,200 | And Over | 1,983 | 5.9% | 72,200 | Tax Type rates for SINGLE Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 15,000 | 0 | 0% | 0 | @@ -144,6 +148,7 @@ Tax Type rates for SINGLE Filing Status: | 36,100 | And Over | 992 | 5.9% | 36,100 | Tax Type rates for HOH Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 22,500 | 0 | 0% | 0 | @@ -168,6 +173,7 @@ The Personal Exemption amount is \$5,050 for Filing Status MAR and SINGLE. > For the 2025 year, Section 2 Withholding Methods for Forms W-4 for 2020 and After has the same wage brackets as (Forms W-4 Before 2020). Withholding rates for taxpayers filing as *MAR* & *MARHR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|-------------------| | 0 | 55,488 | 0 | 0% | 0 | @@ -175,6 +181,7 @@ Withholding rates for taxpayers filing as *MAR* & *MARHR*: | 164,038 | And Over | 2,116.73 | 2.50% | 164,038 | Withholding rates for taxpayers filing as *SINGLE* & *SINGHR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|-------------------| | 0 | 55,975 | 0 | 0% | 0 | @@ -182,6 +189,7 @@ Withholding rates for taxpayers filing as *SINGLE* & *SINGHR*: | 252,325 | And Over | 3,828.83 | 2.50% | 252,325 | Withholding rates for taxpayers filing as *HOHHR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |---------|--------------|------------|----------|----------------| | 0 | 76,200 | 0 | 0% | 0 | @@ -198,6 +206,7 @@ Withholding rates for taxpayers filing as *HOHHR*: - HB2119 requires employers to withhold income tax at a rate of 8 percent of employee wages if they employee has not provided a withholding statement or exemption certificate. Continue withholding at the 8 percent rate until the employee submits a withholding statement and exemption certificate. Special Tax Type rates for MS3 Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 49,999 | 8,500 | 0% | 0 | @@ -209,6 +218,7 @@ Special Tax Type rates for MS3 Filing Status: | 289,999 | And over | 0 | 0% | 0 | Special Tax Type rates for S2 and S3 Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 49,999 | 8,500 | 0% | 0 | @@ -220,6 +230,7 @@ Special Tax Type rates for S2 and S3 Filing Status: | 144,999 | And over | 0 | 0% | 0 | Tax Type rates for MS3 and S3 Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 35,830 | 0 | 0% | 0 | @@ -227,6 +238,7 @@ Tax Type rates for MS3 and S3 Filing Status: | 250,000 | And over | 21,256 | 9.9% | 250,000 | Tax Type rates for S2 Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 38,665 | 0 | 0% | 0 | @@ -234,6 +246,7 @@ Tax Type rates for S2 Filing Status: | 125,000 | And Over | 10,627 | 9.9% | 125,000 | Low Income Type rates for MS3 and S3 Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 8,800 | 256 | 4.75% | 0 | @@ -241,6 +254,7 @@ Low Income Type rates for MS3 and S3 Filing Status: | 22,200 | 50,000 | 1,579 | 8.75% | 22,200 | Low Income Type rates for S2 Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 4,400 | 256 | 4.75% | 0 | @@ -253,6 +267,7 @@ Low Income Type rates for S2 Filing Status: For all Filing Status the Personal Exemption ($1,000) wage limit increased to $283,250 Withholding rates for taxpayers filing as *MAR* and *SINGLE*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 79,900 | 0 | 3.75% | 0 | @@ -264,7 +279,8 @@ Withholding rates for taxpayers filing as *MAR* and *SINGLE*: The Personal Exemption amount is $5,300 -Withholding rates for taxpayers filing as *MAR* +Withholding rates for taxpayers filing as *MAR*: + | If Over | But Not Over | Tax Amount| Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 11,475 | 0 | 0% | 0 | @@ -273,7 +289,8 @@ Withholding rates for taxpayers filing as *MAR* | 210,925 | 315,475 | 10,482.45 | 7.60% | 210,925 | | 315,475 | And Over | 18,428.25 | 8.75% | 315,475 | -Withholding rates for taxpayers filing as *SINGLE* +Withholding rates for taxpayers filing as *SINGLE*: + | If Over | But Not Over | Tax Amount| Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 3,825 | 0 | 0% | 0 | @@ -326,6 +343,7 @@ Withholding rates for taxpayers filing as *NRA*: | 643,450 | And Over | 188,769.75 | 37% | 643,450 | Withholding rates for taxpayers filing as *NRAHR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | | 22,500 | 0 | 0% | 0 | @@ -338,6 +356,7 @@ Withholding rates for taxpayers filing as *NRAHR*: | 335,675 | And Over | 94,384.88 | 37% | 335,675 | Withholding rates for taxpayers filing as *MAR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over| |------------|-----------------|---------------|-------------|-------------------| | 0 | 17,100 | 0 | 0% | 0 | @@ -350,6 +369,7 @@ Withholding rates for taxpayers filing as *MAR*: | 768,700 | And Over | 202,154.50 | 37% | 768,700 | Withholding rates for taxpayers filing as *MARHR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 15,000 | 0 | 0% | 0 | @@ -362,6 +382,7 @@ Withholding rates for taxpayers filing as *MARHR*: | 390,800 | And Over | 101,077.25 | 37% | 390,800 | Withholding rates for taxpayers filing as *SINGLE*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |---------|--------------|------------|----------|----------------| | 0 | 6,400 | 0 | 0% | 0 | @@ -374,6 +395,7 @@ Withholding rates for taxpayers filing as *SINGLE*: | 632,750 | And Over | 188,769.75 | 37% | 632,750 | Withholding rates for taxpayers filing as *SGLHHR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|----------------| | 0 | 7,500 | 0 | 0% | 0 | @@ -386,6 +408,7 @@ Withholding rates for taxpayers filing as *SGLHHR*: | 320,675 | And Over | 94,384.88 | 37% | 320,675 | Withholding rates for taxpayers filing as *HOH*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|-------------------| | 0 | 13,900 | 0 | 0% | 0 | @@ -398,6 +421,7 @@ Withholding rates for taxpayers filing as *HOH*: | 640,250 | And Over | 187,031.50 | 37% | 640,250 | Withholding rates for taxpayers filing as *HOHHR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|--------------------| | 0 | 11,250 | 0 | 0% | 0 | @@ -424,6 +448,7 @@ For Filing Status of MAR1 and SINGLE: - Low Income Limit is $18,368 from $17,769 Withholding rates for taxpayers filing as *HOH*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 21,527 | 0 | 1.1% | 0 | @@ -438,6 +463,7 @@ Withholding rates for taxpayers filing as *HOH*: | 1,000,000 | And Over | 106,669.70 | 14.63% | 1,000,000 | Withholding rates for taxpayers filing as *MAR1* and *MAR2*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 21,512 | 0 | 1.1% | 0 | @@ -452,6 +478,7 @@ Withholding rates for taxpayers filing as *MAR1* and *MAR2*: | 1,442,628 | And Over | 159,124.94 | 14.63% | 1,442,628 | Withholding rates for taxpayers filing as *SINGLE*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 10,756 | 0 | 1.1% | 0 | @@ -496,6 +523,7 @@ Another example, I put 5500 on the form. Again, it does not match the other fili - Personal Exemption is $1,144 Withholding rates for taxpayers filing as *MAR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 19,200 | 0 | 1.4% | 0 | @@ -508,6 +536,7 @@ Withholding rates for taxpayers filing as *MAR*: | 250,000 | And Over | 16,782.00 | 7.9% | 250,000 | Withholding rates for taxpayers filing as *SHOH*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 9,600 | 0 | 0% | 0 | @@ -538,6 +567,7 @@ New filing status as of January 1, 2025 All filing statuses have the same fixed flat tax of 3.80% Personal Exemption Tax Type rates for ALL filling Status: + | If Over |But Not Over | Tax Amoun | Tax Rate | On Excess Over | |----------|-------------|-------------|--------------|--------------------| | 0 | 1 | 40 | 0% | 0 | @@ -575,6 +605,7 @@ Personal Exemption Tax Type rates for ALL filling Status: - Personal Exemption is $5,150 was $5,000 Withholding rates for taxpayers filing as *SINGLE*, Tax table type: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 26,800 | 0 | 5.8% | 0 | @@ -582,12 +613,14 @@ Withholding rates for taxpayers filing as *SINGLE*, Tax table type: | 63,450 | And over | 4,028 | 7.15% | 63,450 | Special table type: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 100,000 | 0 | 0 | 12,150 | | 100,000 | 175,000 | 75,000 | 0 | 0 | Withholding rates for taxpayers filing as MAR, Tax table type: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 53,600 | | 5.80% | 0 | @@ -595,6 +628,7 @@ Withholding rates for taxpayers filing as MAR, Tax table type: | 126,900 | And Over | 8,057 | 7.15% | 126,900 | Special table type: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 200,050 | 0 | 0 | 27,150 | @@ -612,6 +646,7 @@ Special table type: - The Standard Deduction is $15,000 prior \$14,600 for filing status MAR2 and SINGLE Withholding rates for all filing status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 1,313 | 0 | 0% | 0 | @@ -629,6 +664,7 @@ Withholding rates for all filing status: The Personal Exemption amount is $2,360 formerly \$2,250 for Filing Status MAR and SINGLE. Withholding rates for taxpayers filing as *MAR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 7,910 | 0 | 0 | 0 | @@ -640,6 +676,7 @@ Withholding rates for taxpayers filing as *MAR*: | 80,040 | And over | 3,183.87 | 5.37% | 80,040 | Withholding rates for taxpayers filing as *SINGLE*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 3,310 | 0 | 0 | 0 | @@ -653,6 +690,7 @@ Withholding rates for taxpayers filing as *SINGLE*: ### Withholding changes for New Mexico Withholding rates for taxpayers filing as *MAR*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 15,000 | 0 | 0% | 0 | @@ -667,6 +705,7 @@ Withholding rates for taxpayers filing as *MAR*: | 330,000 | And Over | 14,624 | 5.9% | 330,000 | Withholding rates for taxpayers filing as *SINGLE*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 7,500 | 0 | 0% | 0 | @@ -681,6 +720,7 @@ Withholding rates for taxpayers filing as *SINGLE*: | 217,500 | And Over | 9,748.00 | 5.9% | 217,500 | Withholding rates for taxpayers filing as *HOH*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 11,250 | 0 | 0% | 0 | @@ -697,6 +737,7 @@ Withholding rates for taxpayers filing as *HOH*: ### Withholding changes for Oklahoma Withholding rates for taxpayers filing as *MARH*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 12,700 | 0 | 0% | 0 | @@ -708,6 +749,7 @@ Withholding rates for taxpayers filing as *MARH*: | 27,100 | And Over | 307.00 | 4.75% | 27,100 | Withholding rates for taxpayers filing as *SINGLE*, *MFS*, *MAR2*: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 6,350 | 0 | 0% | 0 | @@ -724,6 +766,7 @@ Withholding rates for taxpayers filing as *SINGLE*, *MFS*, *MAR2*: - The Standard Deduction Maximum is $7,300 for ONE Filing Status. Tax Type rates for all Filing Status: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|--------------|--------------------| | 0 | 3,560 | 0 | 0.0% | 0 | @@ -735,6 +778,7 @@ Tax Type rates for all Filing Status: The Personal Exemption amount is $2,000 For all filing status. Withholding rates for taxpayers filing as PM (Percentage Method) are as follows: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|--------------------| | 0 | 10,000 | 0 | 2.22% | 0 | @@ -744,6 +788,7 @@ Withholding rates for taxpayers filing as PM (Percentage Method) are as follows: | 60,000 | and over | 2,053.50 | 4.82% | 60,000 | Withholding rates for taxpayers filing as TE (Two Earner Option) are as follows: + | If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over | |-------------|------------------|----------------|----------|--------------------| | 0 | 7,500 | 0 | 2.22% | 0 |