California Revises the Withholding Schedules for 2009
The California Employment Development Department has published an October 2009 revision to the California PIT Withholding Schedules for 2009. The revised PIT Withholding Schedules are effective November 1, 2009.
The revised PIT Withholding Schedules will increase the withholding tax calculations by a rate of 10% for each wage bracket. This change is based on the Governor's 2009-10 Budget approved by the Legislature and signed by Governor Schwarzenegger in July 2009.
Frequently Asked Questions
How do I know if I'm affected?
You may be affected if:
- You currently withhold California income taxes from employees; and
- make withholding tax payments in the State of California; or
- if you have a valid California Employer Account Number.
When will these changes be available in QuickBooks?
Intuit QuickBooks Payroll will modify the withholding tax tables in the next Payroll Update, 20922, to be released early November 2009.
What do I need to do?
Download and install Payroll Update 20922 as soon as it is released so the correct amount of California withholding taxes will be calculated and withheld from employee paychecks from that date forward. If you have Automatic Updates turned on and have selected all updates to download automatically, your QuickBooks software will download and install the update for you. If you do not have Automatic Updates turned on, you can download this payroll update manually. For more information on how to download and install a Payroll Update, click here.
What if I subscribe to the Disk Delivery service?
The next Disk Delivery is scheduled for late December 2009. If you have internet access, you may want to download and install Payroll Update 20922. For more information on how to download and install a Payroll Update, click here.
