What you need to know
The upcoming Sage 50—U.S. Edition 2020.1, planned for release in November 2019, will incorporate payroll updates for compliance with the revised Form W-4 for 2020. For further information about these payroll changes, please see https://www.irs.gov/forms-pubs/about-publication-15-t.
What you can do to prepare
If you have new hires and/or employees who need to submit the revised Form W-4 for 2020, you will need to install Sage 50—U.S. Edition 2020.1 before entering new W-4 information for the 2020 tax year.
Important: You will need to convert your company data after installing Sage 50—U.S. Edition 2020.1.
Note: If you need help with converting your data, installing, or closing your year, click here to learn more about Sage Expert Services and to schedule a consultation.
Visit the Sage Customer Resources page at www.SageCity.com/Resources for additional options, including links to Sage Knowledgebase, Sage City, and Sage University, as well as Live Chat and Online Case submission.
The Sage 50—U.S. Edition 2020.1 update is now available.
Payroll subscribers must install this update in order to comply with the new W-4 form. For information about the payroll tax year 2020 W-4 form, click here. Please see steps below for manually downloading and installing the 2020.1 update:
Tip: If you have Sage 50 installed on more than one computer, you will need to download and install on the server first.