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FTB corrects 2008 withholding schedules

Thursday, February 14, 2008

FTB corrects 2008 withholding schedules

The FTB has revised 15 pages of 2008 personal income tax withholding schedules for the “Method A, Single and Married Persons.” This is a revision to what the EDD originally sent to employers in the 2008 version of Pub. DE 44, California Employer’s Guide.

Employers should begin using these revised withholding schedules with their next payroll. This will help minimize any potential tax liability employees may face when they file their 2008 state personal income tax return. For the revised schedules, please visit: http://www.edd.ca.gov/taxrep/08metharev2.pdf

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