OSPS E-News ~ Delayed 2018 Income Tax Withholding Rates

[Announcements from OSPS to the users of the Oregon State Payroll Application]

Payroll Professionals,

This is just a heads up to let agency payroll shops know that the Federal Notice 1036, Early Release Copies of the 2018 Percentage Method Table for Income Tax Withholding, has yet to be published by the IRS. The December 2017 paid January 2018 payroll will calculate Federal and State Income Tax withheld at the 2017 rates instead of the 2018 rates.

We are hoping that the IRS publishes the rates before the close of the December pay period on Jan 8th, 2018.  We will let you know when we have updated the rates.

Thank you,

Matthew Riley, CPA
OSPS Application Analyst
DAS | Oregon Statewide Payroll Services
(503) 373-0254 - direct
(503) 378-3518 - fax
http://oregon.gov/DAS/Financial/payroll/Pages/index.aspx

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