EFFECTIVE JANUARY 1, 2020 - Abacus Payroll

additional Medicare tax. New Jersey Gross Income Tax The withholding tax rates for 2020 re-flect graduated rates from 1.5% to 11.8%. The 11.8% tax rate applies to individuals with taxable income over $5,000,000. New Jersey Unemployment Tax Effective Jan. 1, 2020 the wage base will be computed separately for employers and employees. Employers ... ................
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