Enter, or click to select, the state ID that identifies the state. State IDs are validated against the Costpoint's State table. The state name is displayed after the state ID is selected.

Enter, or click to select, the date for which this table applies. Pay Periods having a pay cycle end date the same as, or later than, the Effective Date use the related table rates. The format for effective date is MM/DD/YYYY.

• Enter, or click to select, the state withholding filing status that determines which tax withholding tables will be used to calculate the employee’s state taxes.

This column displays each level of taxable income.

If the state allows a credit amount (reduction in the tax), enter credit amount basis for standard deduction.

For example, Iowa allows a credit amount beginning January 1, 2024, and if the total credit amount claimed by the employee on IA-W4 amount is less than $80, the standard deduction will be $14,600, otherwise it will be $29,200.

This column displays the amount of base tax at each level.

This column displays the tax rate for the excess of income over the taxable income in the For Annualized Wages Over column.

Enter the minimum standard deduction amount.

Enter the maximum standard deduction amount.