IMPORTANT NOTE for Version 4 users:
Due to a database restriction
you will not be able to input the full tax amount to line 7.
This restriction is corrected with a data
conversion that you will receive as part of your upgrade to Version 5. As long
as you don't have anyone earning income in the
line 7 bracket, then it's OK to simply input 99,999.99 to that
line. If you have employees in that tax bracket, then please call
Harris Support at 866-450-6696 for assistance. THANK YOU.
DISCLAIMER: This information is taken from the
new Publication
15-T (which contains the
new withholding tables along with other
instructions related
to the new tax law) and is provided
for informational purposes only. You should verify the information
with the IRS for
accuracy. In addition, the first payroll after altering the federal tax rates
should be carefully reviewed for correct calculation of all taxes.