Incorrect EIC value in 2009 United States Payroll Tax Update

If you have applied 2009 Payroll Tax Update to your Microsoft Dynamics GP system, you will need to correct the Earned Income Credit amount in the UPR41300 tax table from its old value of $1,750 for 2008, to $1,826 for 2009. However, the amounts seem to be correct for the married and single filing statuses in the UPR41302 tax table.

To fix this issue, run the following script against your DYNAMICS database:

-- Run againt your Dynamics database
USE DYNAMICS
GO
UPDATE UPR41300 SET MXEICPMT = 1826.00 WHERE TAXCODE = 'EIC'

Thanks to Bob Harrison at The Lighthouse Neurological Rehabilitation Center (http://lighthouserehab.com/) for this pointer.

Related Articles

2009 Payroll Tax Update for Microsoft Dynamics GP 8.0 - Click here
2008 Year End Update and Microsoft Dynamics GP 8.0 - Click here

Until next post!

MG.-
Mariano Gomez, MVP
Maximum Global Business, LLC
http://www.maximumglobalbusiness.com/