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Wisconsin Tax

For Wisconsin residents, you specify the employee's status and exemptions.

Deltek Modification Date - 2/1/10

Enter the following field information for residents of Wisconsin on the Withholding grid on the Payroll tab of the Employees hub:

Field Description
Status

Enter the status claimed by the employee on Wisconsin Employee’s Withholding Exemption Certificate, Form WT-4:

  • S: Single
  • M: Married

If the employee did not submit Form WT-4, use the marital status claimed by the employee for federal income tax purposes on Form W-4.

Exemptions

Enter the total number of exemptions claimed by the employee on Form WT-4.

This figure includes:

  • Personal exemptions for self and spouse not claimed on other Form WT-4.
  • Additional exemptions for age and blindness.
  • Exemptions for dependents.

If the employee did not submit Form WT-4, use the total number of allowances claimed by the employee for federal income tax purposes on Form W-4.

If the employee did not submit a Form WT-4 or a Form W-4, enter zero in this field.

Other Exemptions Wisconsin’s tax calculations do not use the Other Exemptions field.

Automatically Calculated Variables

Vantagepoint automatically computes the following variables.

Standard Deduction

The Standard Deduction is a variable deduction applied to all employees. The deduction is based on the employee’s gross wages and filing status.

Allowance

The Allowance is based on the number of withholding exemptions entered in the first Exemptions field. It is determined by multiplying the number of exemptions by $400.

How Vantagepoint Calculates Tax

To calculate an employee's Wisconsin State tax, Vantagepoint does the following:

  1. Multiplies the employee's gross pay per pay period by the number of pay periods in a year to determine annualized gross wages.
  2. Subtracts the employee's Standard Deduction, Allowance, and any 401(k) and 125/Cafeteria plan contributions from the employee's annualized gross wages for the pay period to determine taxable income.
  3. Determines the computed tax by applying Tax Calculation Method 1 to the taxable income.
  4. Divides the annual income tax by the number of pay periods in a year to determine the amount to be withheld for the pay period.