Looks like the 2023 Federal Withholding Tax Bracket tables in Sage 50 have not been updated for 2023.
The 2023 Federal Withholding Tax Bracket tables match 2022.
Verification of Federal Withholding paycheck calculations for 2023 was not matching online calculators.
www.paycheckcity.com payroll calculator
https://www.surepayroll.com/resources/calculator/payroll/paycheck-calculator payroll calculator
To fix the problem. I deleted out the paychecks that I did a test run for a payroll date of 01/05/2023. You have to do this because they won't recalculate after you make the below changes.
Go to Payroll…
Hello @JFD60563 and @unitedservo,
Please note that certain federal and state taxes were not finalized in time for the release of our first tax update. A second tax update will be issued in the near future…
