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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 North Carolina and federal payroll tax tables, click here.
North Carolina collects withholding for state income tax. Payroll tax amounts are calculated via
a 'step' table that is similar to the federal withholding tax tables. Rates did not change in 2005 (the withholding
formulas have changed 4 times in the past 15 years).
HINT-- Turtle Creek Software provides free annual updates for
US federal and North Carolina tax withholding rates.
North Carolina State Withholding Instructions
To enter state and federal withholding tax info for an employee, follow these steps:
- Choose Employees from the Accounts menu.
- Locate the employee record.
- Enter a Tax Package into the Tax Package field, depending on the employees average wages as compared to the state
cutoff (see note below).
- 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 North Carolina state dependents into
the State Exemptions field.
State tax withholding uses different rates for average weekly income that is above or below a cutoff
amount.
Enter the Line 1 tax package into the Tax Package field if the employee’s weekly
income is below the cutoff, and use
the Line 2 package if the weekly income is above the cutoff. North Carolina Unemployment Tax Instructions
North Carolina state unemployment insurance tax is based on the first $16,700 in wages for each
employee. The rate for a new company is 1.2%. After two years the SUTA rate is adjusted to between
0% and 6.84%, based on
payroll, tax paid, timeliness of payments and UI benefits charged against the employer account.
To enter your North Carolina 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 North Carolina SUTA tax in
the list, and double-click on it. HINT: If you don't see N Carolina SUTA in the list, you'll
need to import your state's payroll info first.
- Enter your percentage rate into the field to the right of Calculation
method.
- Enter the current tax cutoff amount into the dollar field to the right of First Adjustment.
Marital Status
Enter the following choices into the Marital Status field for 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
Payroll Tax Office-- 919 733-4626
SUTA-- 919 733-3991
North Carolina Department of Revenue
Revenue Building, Hillsborough & Salisbury
Raleigh NC 27640
Official State Lawn Ornament
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