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Goldenseal Payroll
Software Info
US Federal Withholding
Tables
Free 2010 Payroll Tax Table Updates
New & Used
Swiss Army Knives
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New Jersey has state income tax withholding. Tax rates
changed in 2010 (and in 7 of the past 20 years).
The withholding amounts are calculated with
'step' tax tables that are similar to the
federal payroll withholding tables.
All New Jersey state tax packages also include the
following state taxes:
- New Jersey Disability Insurance
(paid by employers and employees)
- Workforce Development Tax (paid
by employers and employees)
- Health Care subsidy (paid by
employers)
- SUTA contribution (paid by
employers and employees)
HINT-- Turtle Creek Software provides free annual updates for
US federal and New Jersey tax withholding rates.
| New Jersey
State Withholding Instructions |
To enter New Jersey 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
(see note below).
- Enter
the number of federal
dependents into the
Federal Exemptions
field.
- Enter
the number of New
Jersey dependents
into the State Exemptions
field.
- Enter
the New Jersey 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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| New Jersey
State Unemployment Tax Instructions |
In 2010, New Jersey state unemployment insurance
tax is based on the first
$29,700 of wages (up
slightly from the $28,900
cutoff used in the previous
year). The starting rate
for a new employer is
2.6825%.
Unlike most states,
there is also
an employee SUTA contribution
of .43%, plus
a workforce charge of
.12%, resulting in
a net employee charge
of .55%.
After the first year, the rate is different
for each employer, depending on past layoff history.
To enter your New Jersey 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 your
state's SUTA tax
in the list, and
double-click on it. HINT:
If you don't see
New Jersey SUTA in
the list, you'll
need to import your
state's payroll info
first.
- Get
the SUTA percentage
rate for your business,
and type it into
the percentage field
to the right of Calculation
method.
- If
the SUTA cutoff amount
has changed, enter
it into the field
to the right of First
Adjustment.
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| Other
New Jersey Taxes |
New Jersey employers and
employees both pay .5%
for disability insurance
(DI).
In some past years there
was a Health Care subsidy
charge of .2%, but in
2009 this employer tax
is not in effect. We
still list it as a Tax
Item in case it returns,
but currently the cost
is 0%. |
| New
Jersey
Marital Status |
Enter one of the following choices into the
Marital Status popup field in each employee's account record:
- Single-
single employee (A
rate)
- Married-
married filing jointly
(B rate)
- Dual
Income- married
filing separately
(A rate)
- Head
of House- unmarried
head of household
(B rate)
- Other-
not used
If an employee chooses to withhold at
the C, D or E rate (from line 3 of the NJ-W4 form), enter
the matching tax package for them into the Tax Package
field in the Employee account. In these cases, the Marital
Status applies to the Federal taxes only. Otherwise use
the regular state Tax Package.
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| New
Jersey
Tax Contacts |
Payroll Tax Office-- 609 292-2121
SUTA-- 609 757-2864
New Jersey Division of Taxation
CN 269 W State & Willow Sts
Trenton NJ 08646-0269 |
| Official
State Lawn Ornament |
Toll booth.
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