U.S. Federal Tax Tables have been released for 2022. Round 1 releases are available from December 21, 2021, and Round 2 releases will be available on January 21, 2022.
For GP users, this means it’s time to download the payroll tax update and verify that it’s installed correctly. Find the link to download the 2022 R1 update on this Microsoft page.
Once installed, double-check your federal tax tables by following these steps:
Tools > Setup > System > Payroll Tax > FED > Filing Status (bottom right corner) > Click the arrow to find HOH > verify the first amount (see tables below)
2021 Federal tax tables:
2022 Federal tax tables:
View 2022 Federal tax changes and state or territorial changes in this post from Microsoft.
Feel free to reach out to us with any questions about the GP payroll tax update.