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    Connecticut 2014 and 2013 Withholding Tables

    Article ID: 2001264

    Overview

    The Connecticut Department of Revenue has posted new 2013 Withholding Calculations Rules on their website, effective January 1, 2013. Payroll Update 21302 include the new calculations rules. These new calculations will be the same for 2014.

    Before you create any pay checks dated in 2013 or 2014 an action may be required. You may need to update your employee Connecticut Withholding set up in QuickBooks if you have an employee that is paid over $600,000 annually in 2014 or 2013 and has chosen the filing status of "Withholding Code C".

    More information is provided in Frequency Asked Questions section.

    Details on the recent changes to the calculations can be found on the agency's website.

    Assumptions

    You are an employer who pays wages in the State of Connecticut and have an active Payroll Subscription.

    Details

    Frequently Asked Questions

    What do I need to do?

    Download Payroll Update 21302 as soon as it is released. This payroll update includes the changes to the revised withholding tax tables. An action required may need.

    What if I subscribe to the Disk Delivery service?

    The next disk delivery is scheduled for late January and will include these updates. We highly recommend that you download and install the payroll update if you have internet access. QuickBooks software downloads and installs the update for you if you have Automatic Updates turned on and have selected all updates to download automatically. Click here for more information and instructions.

    What if I have an employee whose gross wages is over $600,000 and has chosen the Filing Status of Withholding Code C.

    The following is also the same information for the year 2014.

    Once you have downloaded Payroll Update 21302, a manual calculation of taxes will need to be done if you have an employee(s) whose gross wages are over $600,000 and has selected the Filing Status of Withholding Code C.

    What do I have to do to manually calculate the withholding tax:

    1. For every $10,000 above $600,000, add $150, for a maximum of $1,500 for the tax year.
    2. Divide the calculated withholding tax by the number of times the employee will be issued paychecks in the tax year.
    3. Add any Extra Withholding amount requested by your employee to Step 2 (either from the Form CT-W4, line 2, or the amount currently entered in the Extra Withholding field in the employee State tab in QuickBooks).
    4. Enter the total withholding tax amount in the Extra Withholding field in the employee State tab in QuickBooks.
      a. From the Employees menu, select Employee Center.
      b. Double click on an employee who is subject to the Connecticut Withholding.
      c. QB2012 and below: Click the Change Tabs drop-down arrow and select Payroll and Compensation Info. Click on the Taxes button and click on the State tab.
      d. QB2013: Click the Payroll Info tab. Click on the Taxes button and click on the State tab.



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