Effective for wages paid on or after January 1, 2022, the Idaho State Tax Commission (STC) has released revised wage bracket and percentage method withholding tables.
Employers should begin using the revised withholding tables as soon as possible and going forward.
Also effective retroactive to January 1, 2022, the supplemental wage tax rate was reduced to 6% from 6.5%. Earlier this year, legislation was enacted that reduced personal income tax rates and condensed tax brackets retroactive to January 1, 2022 [STC, Table for Percentage Computation Method of Withholding, rev. 6-15-22; Table for Wage Bracket Method of Withholding, rev. 6-15-22].
Interested in more state and local payroll coverage? APA’s PayState Update eNewsletter is perfect for you.
Lia Coniglio, Esq., is Managing Editor of PayState Update and Senior Manager of State Payroll Information Resources for the APA.
