Costpoint Online Help

Using the Help Search
Using the Help Search
  • Phrase:Returns all topics that contain the exact phrase in the search criteria. Use quotation marks around the phrase.
    Ex."system administration"
  • And:Returns all topics that contain all the words in the search criteria, in any combination. Insert a plus sign between all words in the search criteria.
    Ex.system + administration
  • Or:Returns all topics with any combination of words in the search criteria. This is the default.
    Ex.system administration
For more information:Searching Online Help

Federal Withholding Tab

Use this tab to enter your Form W-4 information.

This form complies with the redesigned Form W-4. Your employer will use the information in this tab to figure your withholding. If the system does not find any current records, the table will not display. Instead, the system will display an error message indicating that no current Federal Withholding information is on record.

Note: The W-4 form is unavailable for editing if the Disable ESS W-4 check box in Costpoint is selected. See your system administrator for more information.

1. Personal Information

Field Description
Home Address

This non-editable row displays your home address (or mailing address if home and mailing addresses are the same).

Note: The system displays a message if there is no address is on file.
Filing Status
Use the drop-down list to select the filing status. This assists in determining the amount of tax withheld from your paycheck. The valid values are:
  • Single
  • Married
  • Head of Household
Note: The system displays an error  message in the row if the system has you recorded as "Exempt" from paying taxes, it will display an error message in the row.
Warning: If you wish to change your status to Exempt, see your Payroll Administrator.
Used for Virgin Islands This check box indicates if the employee's home withholding state is Virgin Islands. This field is not editable. If the employee's home withholding state is Virgin Islands, the screen enables the following fields for the calculation of Virgin Islands tax withholding:
  • Number of other dependents
  • Other Tax Credit Amount
  • Other income (not from jobs)
  • Deductions
  • Extra Withholding

2. Multiple Jobs or Spouse Works

Select the check box in this section to indicate if Step 2 of W-4 table for the employee's filing status will be used for the federal withholding. If there are only two jobs total, you may select this check box. Do the same on form W-4 for the other job.

Note: This option is accurate for jobs with similar pay; otherwise more tax than necessary may be withheld.

3. Claim Dependents

Use this section if your income will be $200,000 or less ($400,000 or less if married filing jointly).

Field Description
Number of qualifying children under 17 Enter the number of your qualifying children under 17.
Number of other dependents Enter the number of your other dependents.
Other tax credits Enter the amount of other tax credits.

4. Other Adjustments

Field Description
Other Income (not from jobs) Enter the amount of other income if you want tax withheld for other income expected this year that will not have withholding. This may include interest, dividends, and retirement income.
Deductions If the employee expects to claim deductions other than the standard deduction and want to reduce their withholding, then the amount should be entered in this field. Use the Deductions Worksheet tab to calculate this amount.
Extra Withholding Enter any additional amount you want withheld each pay period. Use the Multiple Jobs Worksheet tab to calculate this amount.