(USA) Working With U.S. Tax Tables
Some U.S. tax tables are maintained by PeopleSoft, others are maintained by the employers.
PeopleSoft-Maintained Tables
These are the PeopleSoft-maintained tables for U.S. employers:
-
The Tax Class table.
-
Federal/State Tax and Local Tax tables, which contain rates and other constants used in the calculation of most forms of taxes for U.S. federal, state, and local taxing entities.
-
State and Local Tax Reciprocity tables, which define reciprocal taxing rules between states and localities, and other rules for determining tax liabilities for multiple jurisdictions.
-
Taxable Gross Definition table, which identifies differences between states or localities and the federal government in the definition of taxable wages.
-
SWT Marital Status table, which defines the valid tax status codes for each state.
See (USA) Viewing State Tax Status Codes and the documentation that comes with your year-end tax update.
Note:
Employers can add additional values to certain PeopleSoft-maintained tables. Before adding values, refer to the documentation for the related pages to review any warnings or limitations.
Employer-Maintained Tables
U.S. employers must set up and maintain the following tables:
-
Tax Location table, which contains the work locations for which you process payroll and taxes.
-
Company State Tax and Company Local Tax tables, which store tax identification numbers, unemployment and disability experience rates, and general ledger codes for the states and localities for which your company collects and pays taxes.
See Application Fundamentals: (USA) Setting Up the Company State Tax Table and Application Fundamentals: (USA) Setting Up the Company Local Tax Table.
-
Tax Reporting Parameters table, which controls the execution of many of your quarterly and annual tax reports and specifies data needed for magnetic media filing.