For each table, enter the following information: Select Federal: Social Security or Federal: Medicare. When adding a new table, you will be prompted for the type of tax table you're adding. A separate table will need to be created for the Social Security and Medicare rates.Ĭlick Add to enter a new table, or use the Find/Locate buttons to select an existing table to update. To setup/update PowerChurch Plus for Social Security and Medicare tax tables, select the Accounting menu, Payroll, Setup, then Maintain Tax Tables. However, the Cap amount for Social Security usually changes every year.įigure 4 - Social Security & Medicare rates The percentage rates for these tables have not changed in recent years. Publication 15 has the current rates for Social Security and Medicare. Tax Tables for Social Security and Medicare This is amount is only used in calculations for employees with a W4 from 2019 or prior.įigure 3b - Federal Married Tax Table (Annual Rate Table) The amount is listed on line 1k as pictured below in Figure 2. Employer's Withholding Worksheet for Percentage Method Tables for Automated Payroll Systems". Now, the amount is just listed in "Worksheet 1.
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