The latest payroll tax update for Microsoft Dynamics GP has been released. This is the 3rd update of 2019 and impacts Minnesota and Mississippi (shown below). This update also includes the first two updates of the year. More information can be found here: Tax Update Details
Withholding changes for Minnesota
The Personal Exemption is $4,250 for Filing Status of MAR and SINGLE
Withholding changes for Mississippi
Withholding rates for taxpayers filing as HOH, MAR1, and MAR2.
| If Over | But Not Over | Tax Amount | Tax Rate | On Excess Over |
|---|---|---|---|---|
| 0 | 2,000 | 0 | 0.00% | 0 |
| 2,000 | 5,000 | 0 | 3.00% | 2,000 |
| 5,000 | 10,000 | 150 | 4.00% | 5,000 |
| 10,000 | And Over | 350 | 5.00% | 10,000 |
