![]() Last revision date of income tax withholding publication/tablesĥ.1% ( SB 1828 reduces the highest tax rate to 2.98% effective Januhowever, Form A-4 continues to show a highest tax rate of 5.1%)Ħ.60% and 10.23% on bonus and stock options The chart also shows if the state has a flat tax rate, meaning only one rate of tax applies regardless of the wages paid, or alternatively, the highest marginal withholding rate according to the state's latest computer withholding formula.Ĭhanges in tax rates from Decemare highlighted in yellow in the attached PDF. The state supplemental income tax withholding rates currently available for 2022 are shown in the chart below. Note that the flat 37% rate applies even if an employee has submitted a federal Form W-4 claiming exemption from federal income tax withholding. Where allowed, the supplemental rate greatly simplifies income tax withholding calculations on irregular payments such as bonuses, equity compensation and separation pay.Įmployers may optionally use a federal flat rate of income tax federal withholding of 22% on supplemental wages up to $1 million for the year however, a mandatory flat rate of 37% applies to supplemental wages over $1 million. Like the federal supplemental income tax withholding rate, states/territories may also allow for an optional flat percentage of income tax withholding for wages that are in addition to regular pay. To assist you in reviewing your state income tax withholding rates for 2022, below is a chart of the most recent income tax withholding tables published by states and US territories and the supplemental withholding rate if allowed. Lane Transit District acknowledges and thanks the many area businesses that support local public transportation services through the payroll and self-employment tax.2022 state income tax and supplemental withholding rates (preliminary as of January 5, 2022) The following chart reflects the taxation rate schedule set forth in ordinances 50 and 51: Tax Period LTD ordinances 50 and 51 set the payroll and self-employment tax rates with a schedule for rate changes. The Oregon State Legislature sets the maximum taxation rate for payroll and self-employment taxes that may be imposed by the LTD Board of Directors. Zip codes within the LTD Service District boundary: 97401 If you have a question about your LTD tax status or questions regarding other program requirements please contact the Oregon Department of Revenue (50). If you have a question regarding the district boundaries, please contact LTD at 54. The District boundary does not directly correlate with the zip codes listed and the linked map may provide more clarity. To determine if a business or property is located within the LTD District boundary, please consult the list of zip codes below. OR-STT-A, Oregon Annual Statewide Transit Tax Withholding OR-STT-1, Oregon Quarterly Statewide Transit Tax Withholding For questions about your LTD payroll tax, please contact the Department of Revenue: For the current rate, see the rate table at the bottom of this page. The payroll and self-employment tax rates are a percentage of the wages paid by an employer and the net earnings from self-employment for services performed within the Lane Transit District boundary. This revenue is a key source of funding from Lane Transit District (LTD) and supports its operating budget. ![]() ![]() Payroll and self-employment taxes, which provide revenue for mass transit in Oregon and elsewhere, are administered and collected by the Oregon Department of Revenue (DOR). Payroll & Self-Employment Tax Information Payroll and Self-Employment Taxes Payroll & Self-Employment Tax Information. ![]()
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