Effective for wages paid on or after June 1, 2023, the Utah State Tax Commission (STC) has issued a revised withholding guide, including revised percentage method and wage bracket withholding tables [STC, Publication 14, rev. 4-23].
The revision is due to legislation that lowered the personal income tax rate to 4.65% from 4.85%, effective January 1, 2023. The personal income tax rate was lowered to 4.85% from 4.95%, effective January 1, 2022. This corrects information that was previously reported in an earlier news release.
The STC does not have specific rules or provisions for the taxation of supplemental wages at the state level.
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Lia Coniglio, Esq., is Managing Editor of PayState Update and Senior Manager of State Payroll Information Resources for PayrollOrg.
