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For more about Goldenseal payroll accounting software, click here.
For more about US Federal withholding in the Goldenseal payroll software, click here.
To download free updates for Massachusetts and federal payroll tax tables, click here.
Massachusetts has state income tax withholding. Tax tables and withholding rate formulas did
not change in 2003 or 2004, but they changed in 7 of the past 15 years. The state calculates payroll
withholding amounts with a simple flat percentage tax after deducting employee exemptions (the tax
rate for 2004 is 5.3%).
HINT-- Turtle Creek Software provides free annual updates for
US federal and Massachusetts tax withholding rates.
Massachusetts Withholding Instructions
To enter withholding information for an employee, follow these steps:
- Choose Employees from the Accounts menu.
- Locate the employee record.
- 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 Massachusetts dependents into
the State Exemptions field.
The Massachusetts state income tax system includes a special deduction for blindness. If the employee and/or her
spouse is blind, enter a “1” into the “Other Exemptions” field in the Employee Account. Otherwise,
leave the field blank. Massachusetts
Unemployment Tax Instructions
Massachusetts SUTA tax applies to the first $10,800 in wages. In 2005, rates range between 1.12%
and 10.96%, depending on your company's past experience.
To enter your 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 your state's SUTA tax in
the list, and double-click on it. HINT: If you don't see Massachusetts SUTA in the list,
you'll need to import your state's 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.
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
Contacts
Automated System-- 617 887-6367
Fax On Demand-- 617 727-2123
SUTA-- 617 727-6850
Massachusetts Department of Revenue
Service & Supply Section
100 Cambridge St
Boston MA 02204
Official State Lawn Ornament
Glacial boulder.
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