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Goldenseal Payroll
Software Info
US Federal Withholding
Tables
Free 2008 Payroll Tax Table Updates
New & Used
Swiss Army Knives
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Hawaii uses a 'step' table to calculate state income
tax withholding rates (similar to the federal
withholding tax tables). Payroll withholding
tax formulas have not changed for 2008 (they
have changed seven times in the past 18 years,
most recently in 2007).
There is also an employee withholding for disability
insurance (Hawaii is one of four states that
does this).
HINT-- Turtle Creek Software provides free annual
updates for US federal and Hawaiian tax withholding rates.
| Hawaii
State Withholding Instructions |
To enter withholding information for an employee in your Goldenseal company file,
follow these steps:
- Choose
Employees from the
Accounts menu.
- Locate
the employee record.
- Click
the Payroll Setup
button.
- Enter
the employee's marital
status into the Marital
Status field.
- Enter
the number of federal
dependents into the
Federal Exemptions
field.
- Enter
the number of Hawaiian
dependents into the
State Exemptions
field.
- Enter
the Hawaii
Tax Package
into
the Tax
Package
field. HINT--
If you
don't
see it
in the
list,
you'll
need to import the
tax info
first.
- Click
OK.
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| Hawaii
State Unemployment Tax Instructions |
In 2008, the Hawaii SUTA tax (unemployment
insurance) applies to
the first $13,000 in
wages for each employee
(a big drop from the
2007 cutoff of $35,300).
In 2007 the starting
rate for a new company
was 1.9% (decreased
from 2.4% in previous years).
After the first year
it varies from 0% up
to a maximum rate of
5.4%, depending on the
company's past experience
rating.
To enter your Hawaiian state SUTA tax
rate into the Goldenseal payroll software, follow these
steps:
- Choose
Payroll Setup from
the Costs menu, and
choose Tax Items
from the submenu.
- You'll
see a list of Tax
Items. Locate the
Hawaii SUTA tax in
the list, and double-click
on it. HINT:
If you don't see
the state SUTA in
the list, you'll
need to import Hawaiian
payroll info first.
- Enter
the percentage rate
that you pay into
the percentage field
to the right of Calculation
method.
- If
the cutoff amount
has changed, enter
it into the dollar
field to the right
of First Adjustment.
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| Hawaii
DISABILITY INSURANCE |
Employers are required to
provide Temporary Disability
insurance (TDI) for all
employees (with a few
exceptions). You may
deduct up to 50% of
the cost of this insurance
from your employees.
You'll need to compute
the proper withholding
for the employee portion,
using either a percentage
or a flat dollar amount.
The state does not provide
a specific
method for computing
the employee portion
of this insurance, but
you should probably base
it on the method used
by your insurance carrier
to calculate the rate.
To enter an employee
deduction for
disability insurance
into the Goldenseal
payroll software,
follow these
steps:
- Choose Payroll
Setup from the Costs menu, and choose
Tax Items from the submenu.
- You'll see a
list
of Tax
Items.
Locate
the Hawaii
Disability
tax in
the list,
and double-click
on it. HINT:
If you
don't
see the
state SUTA
in the
list,
you'll
need
to import Hawaiian
payroll
info
first.
- Choose a calculation
method
(either
a percentage,
or a
dollar
amount).
- Enter the amount
you will
withhold.
- Click OK.
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| Hawaii
Marital Status |
Use the following to determine the value for
the Marital Status popup menu in each Employee account:
- Single-
single employee with
one personal exemption
- Married-
married employee
with two personal
exemptions
- Dual
Income- married
employee with one
personal exemption
- Head
of House- employee
claims Head of
Family status
- Other-
not used
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| Hawaii
Tax Contacts |
Tax Forms-- 800 222-3229
SUTA rate info-- 808 586-8842
Hawaii Department of Taxation-- Taxpayer
Service Branch
PO Box 259 Honolulu HI 96809 |
| Official
State Lawn Ornament |
Gecko.
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