Maximize Your 401k Contributions in 2024: A Guide with Calculator
New updates to the 2023 and 2024 401k contribution limits. Use a free paycheck calculator to gain insights to your 401k and financial future.
Here are the withholding requirements, local taxes, state tax unemployment insurance limits, and much more for the state of Georgia.
Georgia payroll professionals and residents interested in their state's latest taxes, look no further. Below are the withholding requirements, local taxes, state tax unemployment insurance limits, and much more for the state of Georgia!
Withholding Requirements Register as employer by filing Form DOL-1A (Employer Status Report): Employee's Withholding Allowance Certificate: G4
Withholding Method = formula.
Supplemental Rate = Withhold At: 2% if annual gross < $8,000. 3% if annual gross > $8,000 and $10,000. 4% if annual gross > $10,000 and $12,000. 5% if annual gross > $12,000 and $15,000. 6% if annual gross > $15,000. Local Taxes None.
State Tax Unemployment Insurance Wage base is $9,500 for 2016
New employers use 2.7% for 2016.
Rates include an administrative assessment of 0.08%. State Disability Insurance None. State Labor Laws
Minimum Wage - The federal minimum wage rate applies
Termination Pay - no provision.
Employers must report hiring, rehiring, and return to work within 10 days on Form W-4 (Employee's Withholding Allowance Certificate) to: Georgia New Hire Reporting Program
P.O. Box 90728
Atlanta, GA 30364-0728 (888)-541-0469(404) 525-2985 (888)-541-0521 (Fax)(404) 525-2983 (Fax) Report online here. Remit Withholding for Child Support To Family Support Registry
P.O. Box 1800 Carrollton, GA 30112-1800877-231-8573 For more info and
To report online, visit Georgia's Child Support Commission. Reciprocal States None.
State Tax Resources Georgia Department of Revenue.
Georgia Department of Labor.
New updates to the 2023 and 2024 401k contribution limits. Use a free paycheck calculator to gain insights to your 401k and financial future.
Unlock the secrets of your 2023 bonus taxes with our guide, and use our Bonus Pay Percent Calculator for an instant breakdown of your take-home pay.
It’s the 2023 holiday season, and for fortunate employees, that means an end-of-year bonus! Yet many employees are disappointed when their bonus lands in their bank – usually a lower amount than anticipated. Here's a quick guide to help workers understand how bonuses are taxed.