Federal Withholding Allowances

"Federal Withholding Allowances" permits entry of the value for one federal withholding allowance for a tax year withholding period combination. This value will be used for calculating withholdings based on number of withholding allowances for an employee during payroll processing.

Type Tax year to be created. Select the relevant withholding period and enter the related withholding allowance amount for one withholding allowance. Click Save to save the withholding allowance amount for the tax year and withholding period. The saved details will display in the withholdings list below. Click an item from the list, select "Delete" to delete the related withholding amount. Select "Change" to retrieve the withholding record; change allowance amount, click Save to save the modification.

Withholding allowance fields