Patches are now available for state withholding changes for Idaho and New Mexico.
Patches for Base Bug 27950851 deliver scripts to update the State Tax Table entry for Idaho with a new row effective-dated 01/02/2018, which contains Idaho 2018 withholding tax changes published on April 27, 2018 by the Idaho State Tax Commission. The new row is dated 01/02/2018 to preserve the previously existing row dated 01/01/2018 for audit history purposes.
Patches for Base Bug 28120237 deliver modifications to COBOL program PSPUSTAX.CBL and a script to update the State Tax Table entry for New Mexico, in order to support New Mexico 2018 withholding tax changes which were published on 31 May 2018 by the New Mexico Department of Taxation & Revenue.
Program PSPUSTAX.CBL is modified to limit the number of allowances used in the New Mexico withholding tax calculation to the value specified in Special Tax Amount 1 in the State Tax Table entry for New Mexico.
The State Tax Table entry for New Mexico is updated with a new row with Effective Date = 01/02/2018 which includes an increase in the value of each allowance from $4,050 to $4,150 on the General page, updated withholding tax brackets on the Rates page, and the addition of Special Tax Amount 1 delivered with a value of “3” on the Special Tax Amts page. (The new row inserted in the table shows Effective Date = 01/02/2018 in order to preserve the existing row with Effective Date = 01/01/2018 for audit history purposes.)
To see the published withholding tax calculation changes, download Publication FYI-104 from the website of the New Mexico Department of Taxation & Revenue
For links to the patches for all releases see our Payroll Hot Topics Document on My Oracle Support. These tax patches will also be delivered with Tax Update 18-C.