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Tax Update Following Illinois Tax Increase

Posted on by 95

Does anyone know if GP will be releasing a tax update hotfix to address the recent Illinois tax hike?

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  • Hosstyle Profile Picture
    Hosstyle 95 on at
    RE: Tax Update Following Illinois Tax Increase

    Thanks!!! And Thanks for answering my inevitable followup as well!!!

  • Verified answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Tax Update Following Illinois Tax Increase

    It's not out yet, but it will be coming (soon maybe).   You can manually adjust the tax table to run payroll correctly now.

    Tools - Setup - System - Payroll Tax

    Select Illinois

    Select Filing Status, change Flat Tax Rate from 3.75000% to 4.95000%


    David

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