99-P-013 New Tables for State Withholding Tax for 1999 (Supersedes 98-P-033)
|DATE:||November 19, 1998|
|SUBJECT:||New Tables for State Withholding Tax for 1999|
|EFFECTIVE DATE:||January 1, 1999|
|CONTACT:||Payroll Services||(785) 296-3146|
|SUMMARY:||New State Withholding Tax Rates Effective for Paychecks Issued On or After January 1, 1999|
The Kansas Department of Revenue has issued new percentage tables for computing the state withholding tax deductions effective for all paychecks issued on or after January 1, 1999. The standard deduction for one withholding allowance is changing to $2250.00 per year in calendar year 1999.
The attached tables have been prepared for use in computing all state withholding tax payments for wages paid on or after January 1, 1999. When calculating federal and state withholding tax by annualizing, 26 pay periods should be used to arrive at an annualized amount.
At this time, Payroll Services has not been notified of any changes in the federal income tax withholding or earned income credit tables most recently issued in Accounts and Reports Information Circulars No. 98-P-011 and 98-P012 dated November 26, 1997. Any changes which may occur to the tables will be issued in a separate informational circular when the information is available.
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 effective with all payroll warrants issued on or after January 1, 1999.