01-P-049 New Tables for Federal Withholding Tax for 2001 (Supersedes 01-P-019)
Posted on October 21, 2021 at 12:50 PM by Kansas Department of Administration
DATE: | June 21, 2001 | ||
SUBJECT: | New Tables for Federal Withholding Tax for 2001 | ||
EFFECTIVE DATE: | July 1, 2001 | ||
CONTACT: | Kathy Ogle | (785) 296-2290 | (kathy.ogle@da.state.ks.us) |
APPROVAL: | |||
SUMMARY: | New Federal Withholding Tax Rates Effective for Paychecks Issued On or After July 1, 2001 |
The attached tables have been prepared for use in computing all federal withholding tax payments for wages paid on or after July 1, 2001. When calculating federal and state withholding tax by annualizing, 26 pay periods should be used to arrive at an annualized amount. The Kansas withholding tax tables are not effected by the Economic Growth and Tax Relief Reconciliation Act of 2001. The tax tables contained in Accounts and Reports Informational Circular No. 99-P-013 dated December 13, 1998 will continue to be used to calculate state tax withholding amounts for employees working in Kansas.
In addition, agencies should make the attached document, entitled 'Notice to Employees', available to employees so that they will be aware of how the new law affects their withholding.
The Department of Administration will make all of the necessary changes in the computation of withholding taxes for SHaRP agencies. Regents' institutions are responsible for implementing the new withholding tax rates in their respective payroll systems.
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Attachment 1 - SCHEDULE A (FEDERAL WITHHOLDING TAX)
Attachment 2 - Notice to Employees