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QuickBooks Desktop tax table information

by Intuit Updated 2 months ago

This is the information for the January 2024 (119th Edition) tax table update.

About your tax table

This tax table ensures that QuickBooks Desktop Payroll follows all current laws that affect payroll calculations.

This tax table is effective from January 1, 2024 to June 30, 2024.

Related article: How do I check that the tax table is installed properly?

Payroll changes and information

The T4127 document, created by the Canada Revenue Agency (CRA), contains the most recent federal, provincial, and territorial payroll tax tables.

T4127 Payroll Deductions Formulas (from CRA)

Guide for Employers: Source Deductions and Contributions (from Revenu Québec)

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