OSPS E-News ~ Federal Withholding Issue

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

Update - we have successfully tested and migrated a fix to the issue below.

One thing to note: During our testing we found that if an employee who submitted a new W-4 for 2020 had checked the box for multiple jobs (or spouse works) in step 2 on the federal form, the system actually calculated their withholding correctly.  Therefore, this issue only affected those who submitted a new W-4 without that box checked.

Thanks,

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

From: OSPS-News <osps-news-bounces at listsmart.osl.state.or.us<mailto:osps-news-bounces at listsmart.osl.state.or.us>> On Behalf Of Announcements from OSPS to the users of the Oregon State Payroll Application via OSPS-News
Sent: Thursday, February 27, 2020 3:05 PM
To: osps-news at listsmart.osl.state.or.us<mailto:osps-news at listsmart.osl.state.or.us>
Subject: OSPS E-News ~ Federal Withholding Issue


Payroll Professionals,



It has recently come to our attention that some employees federal income taxes are being over withheld due to a system bug.  The affected employees are those who have submitted a new W-4 for 2020.  We are currently working with the system programmers to rectify the situation.  We hope to have a fix in place by February Run 2 so any over withheld Federal Income tax will be systematically refunded to the employee.


Please note: federal income tax withheld is a component of the state tax withholding formula so there will likely be a small adjustment to the employee's state tax withheld as well.

Please feel free to contact me with any questions.

Thanks,

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

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://omls.oregon.gov/pipermail/osps-news/attachments/20200305/349dd287/attachment.html>