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What's important about the Federal tab of the Taxes window

For default taxes

When you are setting defaults to be used for all your employees, use this tab to indicate which federal taxes you want to apply to most employees, whether they are paid by your company (such as FUTA tax) or withheld.

You can make changes to this default information when you set up the individual employees.

For an individual employee

When you are adding a new employee or changing information for an existing employee, use this tab to select the federal taxes that apply to the employee and to enter federal withholding information from the employee's Form W-4. Select taxes that are paid by your company for that employee as well as taxes that are withheld from the employee's pay.

To view or print a copy of the Form W-4, choose Employees > Employee Forms > Federal W-4 .

What these fields mean

Filing Status

If, on the employee's W-4,

Then choose

Box 7 is marked "Exempt" Don't Withhold

Box 3 is checked "Single"

Single

Box 3 is checked "Married"

Married

Box 3 is checked "Married, but withholding at higher Single rate"

Married using Single Rate

Allowances

Enter the number of allowances entered in Box 5 on the employee's W-4 form.

Extra Withholding

Enter the amount entered in Box 6 on the employee's W-4 form.

Medicare and Social Security

How to set up the Medicare and Social Security options in the employee record

Advance Earned Income Credit

Do not check this box. Employers may no longer advance EIC payments by reducing employees' withholding.

Federal Unemployment Tax (FUTA)

What is Federal Unemployment Tax (also known as FUTA tax)?

For more information on applicable federal withholdings and taxes, go to the Go online Payroll Tax Compliance web site and select the appropriate federal agency.

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