Manage Federal Taxes
Use this screen to set up Federal Tax information that is related to the Calendar Year (Payroll Year).
You can establish multiple years. This screen supports calculations of FICA, Federal Income Tax Withholding, Federal Unemployment Tax, and Qualified Deferred 401(k) Plan deferrals and wage ceilings.
Load the existing tables when initializing Costpoint, and modify the tables whenever they become outdated, per Federal publications. Deltek sends Tax Tables updates when updates are available. These tables must be current before your first payroll of the new calendar (payroll) year. To modify existing information for a payroll year, highlight the applicable field and enter the new data. To add new information for a payroll year, click 
and enter applicable information.
Related Topics:
Display the Manage Federal Taxes Screen
You access the Manage Federal Taxes screen from the People domain.
Contents of the Manage Federal Taxes Screen
Use the fields and options to configure the Manage Federal Taxes screen.
Table Information for the Manage Federal Taxes Screen
Changes to the Manage Federal Taxes screen update the PR_FED_TAX_INFO and FUTA_CRED_REDUC_ST tables.
Subtask of the Manage Federal Taxes Screen
The Manage Federal Taxes screen has the FUTA Credit Reduction States subtask.