Tax Rates
Availability
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Overview
Use the Tax Rates module to enter federal tax brackets. Only users with database administration privileges can edit Tax Rates.
Actions
Follow the instructions below to perform tasks such as creating, editing, and exporting Tax Rates records.
To… |
Then… |
Create a Tax Rate record |
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Display a list of Tax Rates |
Click Admin > Tax Rates. |
Display the details for a Tax Rate |
Click the name in the Tax Rates List View. |
Edit tax rate information |
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Suppress one or more Tax Rate records |
You can also suppress a single record by clicking Suppress on the Tax Rate Detail View. |
Update information related to multiple Tax Rate records |
For more information, see Editing and suppressing multiple records. |
Duplicate tax rate information |
Click Duplicate in the Tax Rate Detail View. Duplication is a convenient way of creating a similar tax rate. You can change and save the information in the duplicate record to create a new record. |
Find and merge duplicate records |
Follow the instructions in Merging duplicate records. |
Export records |
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Field Descriptions
Fields that have an asterisk (*) are required; you must enter data in the field to save the record.
Tax Year |
Enter the year in which the rate was effective. |
Filing Status |
Click the applicable filing status. |
More Than |
Enter the minimum income to which the rate applies. |
Up To |
Enter the maximum income to which the rate applies. |
Tax Rate |
Enter the tax rate as a percentage (omit the % symbol). |
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