Tax Facts
United States tax tables are available in Vantagepoint for federal taxes and for each state or commonwealth, as well as for several major localities.
Refer to the individual federal, state, and local tax fact sheets for information about:
- The tax data that you need to enter for each employee who is subject to the tax.
- How Vantagepoint calculates the tax.
- Related Topics:
- Federal Income Tax
For federal taxes, you specify the status and exemptions. - FICA (HI) Medicare Tax
Vantagepoint calculates FICA (HI) Medicare tax based on the employee's gross wages. - FICA (OASDI) Social Security Tax
Vantagepoint calculates the Social Security old age, survivors, and disability insurance (OASDI) tax based on the employee's gross wages. - State and Local Tax Fact Sheets
Tax fact sheets summarize the data that you need to provide for each employee and explain how Vantagepoint calculates the tax.
Parent Topic: Payroll