Updated NY State withholding tax tables a/o 1/1/97.

December 19, 1996

Effective January 1, 1997 the New York State payroll tax witholding rates change. Please update your computer tax table prior to the payroll paying from 1/1/97 based on the following screen. Do not update your tax table before then.

From any menu type STTAX or PR,8,2,2 (ENTER)

                              STATE TAX INFORMATION

----------  S I N G L E ----------      --------- M A R R I E D -------
 [level 01-06]     [level 07-12]         [level 01-06]     [level 07-12]
Rate    Cutoff     Rate    Cutoff       Rate    Cutoff    Rate    Cutoff
4.00    .00        8.14   100000.00     4.00   .00        8.14   100000.00
4.50    8000.00    7.35   150000.00     4.50   8000.00    7.35   150000.00
5.25    11000.00   .00    .00           5.25   11000.00   .00    .00
5.90    13000.00   .00    .00           5.90   13000.00   .00    .00
6.85    20000.00   .00    .00           6.85   20000.00   .00    .00
7.64    90000.00   .00    .00           7.64   900000.00  .00    .00

SDI  Employee    : .50    31.20                         Annual Exemptions
SDI  Employer    : .50    31.20                           Amount 1000.00
SUI Employer     : *****  7000.00                         Rate   17.00

                Annual  Deduction                        2nd State Tax
             Single       6975.00                   Annual Exempt .00
             Married      7475.00                   Fica Ded. to  .00
             Head House       .00  

Sincerely yours,

Client Service