The supplement rate has been changed from 25% to 22% up to $1,000,000.00. This change is NOT included in the program updates. Customers using the Federal 25% deduction should add a new Deduction Description for Federal 22% and add the percentage amount of 22 in the percentage field. Any employees currently using the Federal 25% deduction should be moved to the Federal 22% deduction.
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1 thought on “2018 FEDERAL SUPPLEMENT RATE CHANGE (NOT INCLUDED IN PROGRAM UPDATES)”
This is something other than the standard Federal tax deductions…correct?