LOS ANGELES UNIFIED SCHOOL DISTRICT POLICY BULLETIN
|
|
- Bruno Walsh
- 7 years ago
- Views:
Transcription
1 TITLE: NUMBER: Withholding for State Income Tax BUL ROUTING All Schools and Offices Administrators Time Reporters ISSUER: Luis Buendia, Controller DATE: February 8, 2016 POLICY: MAJOR CHANGES: GUIDELINES: To provide employees with information regarding current Withholding Table for State Income Tax for the 2016 calendar year. This revision replaces Bulletin No of the same subject issued on February 24, The content reflects changes in the withholding tables for State Income Tax for the 2016 calendar year. Administrators are requested to post this bulletin at their site or provide a copy of this bulletin to each employee. The following guidelines apply: I. BACKGROUND Effective January 1, 2016, withholding tables for State Income Tax were revised to reflect the continued indexing of personal income tax brackets. The District uses a withholding table based on the monthly payroll period withholding table in the Employer s Tax Guide as published by the State of California Employment Development Department. II. FORM DE-4 (EMPLOYEE S STATE WITHHOLDING ALLOWANCE CERTIFICATE) Employees who wish to increase or decrease the amount of State tax withheld while leaving their Federal tax withholding the same must file Form DE-4 (LAUSD version). This form is available from Payroll Support Services or may be downloaded from the Payroll Administration website, w2/taxinfo. Form DE-4 must be received by the Payroll Administration Branch by the first Thursday following an employee s regular payday to be in effect for the next payday. Employees are to carefully complete and sign Form DE-4. An incomplete Form DE- 4 will be returned to the employee. Form DE-4 may also be completed on line at htpps://selfservice.lausd.net/irj/portal. Instructions on how to view and update withholdings for DE-4 via Employee Self Service is available in Payroll Administration website, LAUSD My Pay. Failure to complete Form DE-4 to accurately reflect an employee s allowances may result in overwithholding or underwithholding of tax from salary payments. Any excess BUL Page 1 of 6 February 8, 2016
2 withholding due to an inaccurate DE-4, cannot be refunded by the District. III. COMPUTATION OF WITHHOLDING FOR STATE INCOME TAXES State withholding taxes are computed in the following manner: A. If an employee s gross pay period salary is equal to or less than the amount shown below, no state income tax is withheld. State Tax Table 1 Low Income Exemption Table Monthly 0 or 1 2 or more Single $1, $1, Married $1, $2, Head of Household $2, $2, State Tax Table 1 Low Income Exemption Table Semi-Monthly 0 or 1 2 or more Single $ $ Married $ $1, Head of Household $1, $1, B. Basic Computation of Withholding for State Income Tax 1. Subtract from the gross pay period salary any tax-deferred retirement contribution, flexible spending plan amount, tax-sheltered annuity, or tax-deferred mutual fund to arrive at the taxable gross pay period salary. 2. Subtract the appropriate standard deduction amount (see Table 3) from the taxable gross pay period salary. 3. If an employee is eligible for additional allowances for itemized deductions, the appropriate amount (see Table 2) is also subtracted. 4. Using the taxable gross salary, the gross tax is computed using State Tax Table 5. BUL Page 2 of 6 February 8, 2016
3 State Tax Table 3 Standard Deduction Monthly 0 or 1 2 or more Single $337 $337 Married $337 $674 Head of Household $674 $674 State Tax Table 3 Standard Deduction Semi-Monthly 0 or 1 2 or more Single $169 $169 Married $169 $337 Head of Household $337 $337 Monthly State Tax Table 2 Additional Withholding Allowances Table * $83 $167 $250 $333 $417 $500 $583 $667 $750 $833 Semi-Monthly State Tax Table 2 Additional Withholding Allowances Table * $42 $83 $125 $167 $208 $250 $292 $333 $375 $417 * For allowances greater than 10, multiply the total number claimed by $83. BUL Page 3 of 6 February 8, 2016
4 Single Person - If the taxable gross is: State Tax Table 5 - Tax Rate Table Monthly Payroll Period $0 $654 $ % $ , % 654 1,550 2, % 1,550 2,448 3, % 2, , % 3,398 4,294 21, % 4,294 21,936 26,322 2, % 21,936 26,322 43,870 2, % 26,322 43,870 83,334 4, % 43,870 83,334 AND OVER 10, % 83,334 Married Person - If the taxable gross salary is: $0.00 $1,308 $ % $0.00 1,308 3, % 1,308 3,100 4, % 3,100 4,896 6, % 4,896 6,796 8, % 6,796 8,588 43, % 8,588 43,872 52, % 43,872 52,644 83,334 5, % 52,644 83,334 87,740 8, % 83,334 87,740 AND OVER 9, % 87,740 Head of Household - If the taxable gross salary is: $0.00 $1,310 $ % $0.00 1,310 3, % 1,310 3,102 3, % 3,102 3,998 4, % 3,998 4,948 5, % 4,948 5,846 29, % 5,846 29,832 35,798 2, % 29,832 35,798 59,664 3, % 35,798 59,664 83,334 6, % 59,664 83,334 AND OVER 9, % 83,334 BUL Page 4 of 6 February 8, 2016
5 Single Person - If the taxable gross is: State Tax Table 5 - Tax Rate Table Semi-Monthly Payroll Period $0 $327 $ % $ % , % 775 1,224 1, % 1,224 1,699 2, % 1,699 2,147 10, % 2,147 10,968 13,161 1, % 10,968 13,161 21,935 1, % 13,161 21,935 41,667 2, % 21,935 41,667 AND OVER 5, % 41,667 Married Person - If the taxable gross salary is: $0.00 $654 $ % $ , % 654 1,550 2, % 1,550 2,448 3, % 2,448 3,398 4, % 3,398 4,294 21, % 4,294 21,936 26,322 2, % 21,936 26,322 41,667 2, % 26,322 41,667 43,870 4, % 41,667 43,870 AND OVER 4, % 43,870 Head of Household - If the taxable gross salary is: $0.00 $655 $ % $ , % 655 1,551 1, % 1,551 1,999 2, % 1,999 2,474 2, % 2,474 2,923 14, % 2,923 14,916 17,899 1, % 14,916 17,899 29,832 1, % 17,899 29,832 41,667 3, % 29,832 41,667 AND OVER 4, % 41,667 BUL Page 5 of 6 February 8, 2016
6 5. Subtract the correct tax credit amount (see Table 4) from the gross tax. The remaining tax amount is withheld from the employee s salary payment. State Tax Table 4 - Tax Credit Table Monthly Exemption Claimed Single, Married or Head of Household * 0 $9.99 $19.98 $29.98 $39.97 $49.96 $59.95 $69.94 $79.93 $89.93 $99.92 State Tax Table 4 - Tax Credit Table Semi-Monthly Exemption Claimed Single, Married or Head of Household * 0 $5.00 $9.99 $14.99 $19.98 $24.98 $29.98 $34.97 $39.97 $44.96 $49.96 *If the number of allowances claimed exceeds 10, the amount of tax credit allowed can be determined by multiplying the amount for one allowance by the total number of allowances. AUTHORITY: This is a policy of the. ASSISTANCE: For additional information regarding tax rates, please call your local Franchise Tax Board Office or your tax advisor. The Payroll Services Branch staff is not authorized to provide tax advice. BUL Page 6 of 6 February 8, 2016
CALIFORNIA WITHHOLDING SCHEDULES FOR 2015
California provides two methods for determining the amount of wages and salaries to be withheld for state personal income tax: METHOD A - WAGE BRACKET TABLE METHOD (Limited to wages/salaries less than
More informationFederal Percentage Method of Withholding For Payroll Paid January 23 December 31, 2015 Source: IRS Notice 1036 (January 2015)
Federal Percentage Method of Withholding For Payroll Paid January 23 December 31, 2015 Procedures used to calculate federal taxes withheld*: 1. Obtain the employee s gross wage for the payroll period.
More informationFederal Income Tax Information January 29, 2016 Page 2. 2016 Federal Income Tax Withholding Information - PERCENTAGE METHOD
Federal Income Tax Information January 29, 2016 Page 2 - PERCENTAGE METHOD ALLOWANCE TABLE Dollar Amount of Withholding Allowances Number of Biweekly Monthly Withholding Pay Period Pay Period Allowances
More informationGENERAL INCOME TAX INFORMATION
NEW YORK STATE TEACHERS RETIREMENT SYSTEM GENERAL INCOME TAX INFORMATION TABLE OF CONTENTS Taxes on Loans from the Annuity Savings Fund 1 (Tier 1 and 2 Members Only) Taxes on the Withdrawal of the Annuity
More information403 (b) Omaha Public Schools
403 (b) Omaha Public Schools Introduction to 403(b) Tax Deferred Savings Arrangements This booklet has been prepared by the Compensation & Benefits Office in an effort to help you better understand Internal
More informationLOS ANGELES UNIFIED SCHOOL DISTRICT
TITLE: 2015 Wage and Tax Statement (Form W-2 ) ROUTING All Schools and Offices Administrators NUMBER: MEM-4090.10 Time Reporters ISSUER: DATE: January 25, 2016 V. Luis Buendia, Controller PURPOSE: INSTRUCTIONS:
More informationHEALTH CARE ACT TAX OVERVIEW INDIVIDUALS. Expanded Medicare taxes and other changes make planning critical
HEALTH CARE ACT TAX OVERVIEW INDIVIDUALS Expanded Medicare taxes and other changes make planning critical 1 The agenda The health care act s tax impact on individuals Medicare tax increase on earned income
More informationCOMPUTATION FOR WITHHOLDING TAX (Effective January 1, 2015) BIWEEKLY PAYROLL PERIOD
(Effective January 1, 2015) Subtract from gross biweekly salary 153.80 for each exemption claimed on the W-4 form and the following employee deduction items: (1) Group $ 0 - $ 87 0.00% less $ 0.00 $ 0
More informationPENSION FUND OF THE CHRISTIAN CHURCH (DISCIPLES OF CHRIST) STATE INCOME TAX WITHHOLDING
PENSION FUND OF THE CHRISTIAN CHURCH (DISCIPLES OF CHRIST) STATE INCOME TAX WITHHOLDING The information in this document is not intended or written as specific legal or tax advice and may not be relied
More informationCOMPTROLLER. MARYLAND
COMPTROLLER. MARYLAND Sevrtt'ng the People Peter Franchot Cont/r troller Robert J.Murphy Director Central Payroll Bureau TO: All State Agencies FROM: Robert J. Murphy, Director Central Payroll Bureau DATE:
More information- all the money you receive in a year - money from wages, tips, interest you earn, dividends, capital gains, etc.
4D Income Taxes there are 5 different categories Single You must be unmarried at the end of the year. Married filing jointly this is how most married people will file. Married filing separately occasionally,
More informationPayment of Retirement Benefits
Direct Deposit...66 Minimum Distribution Requirement...66 Cost-of-Living Adjustments (COLAs)...66 COLAs are Cumulative...67 Interruptions or Holds on the...67 Service Retirees...67 Disability Retirees...67
More informationFrequently Asked Questions (FAQ s) Why is the change being made and why does the employee care?
Frequently Asked Questions (FAQ s) Why is the change being made and why does the employee care? The change will improve departmental efficiency and be more productive to the departmental core businesses.
More informationSubstitute W-4P Tax Withholding Certificate for Pension or Annuity Payments Wis. Stat. 40.08 (1)
Substitute W-4P Tax Withholding Certificate for Pension or Annuity Payments Wis. Stat. 40.08 (1) Wisconsin Department of Employee Trust Funds 801 W Badger Road PO Box 7931 Madison WI 53707-7931 1-877-533-5020
More informationImportant Tax Information About Payments From Your TSP Account
Important Tax Information About Payments From Your TSP Account Except as noted below for uniformed services accounts, amounts paid to you from your Thrift Savings Plan (TSP) account are taxable income
More informationYour pension benefit options
2 Your pension benefit options Traditional pension plans generally provide the option of a lump-sum payment or a fixed monthly payment for life through an annuity. The fixed monthly payment amount is usually
More informationTAX LIABILITY ON WRS BENEFITS
TAX LIABILITY ON WRS BENEFITS ET-4125 (7/2014) Scan to read online. Tax Liability on WRS Benefits Taxation of Your WRS Benefit 2 Taxation of Monthly Annuities 3 Taxation of Lump Sum Benefits 5 Required
More informationEDUCATION SUPPORT PROFESSIONALS Orientation PAYROLL DEPARTMENT OCTOBER 23, 2014
EDUCATION SUPPORT PROFESSIONALS Orientation PAYROLL DEPARTMENT OCTOBER 23, 2014 AGENDA Direct Deposit Go Green - Opt-Out of Paper Pay Advices All Days Paid (ADP) Year Round Pay (YRP) Employee Self Service
More informationImportant Information About. Tax Withholding and Railroad Retirement Payments
Important Information About Tax Withholding and Railroad Retirement Payments For use with Form RRB W-4P U.S. Railroad Retirement Board 844 North Rush Street Chicago, IL 60611-2092 www.rrb.gov TXB-25 (01-15)
More informationSIMPLE IRA. Savings Incentive Match Plan for Employees
SIMPLE IRA Savings Incentive Match Plan for Employees Introducing the SIMPLE IRA Plan A comfortable retirement is an important financial goal for many American workers. Some financial professionals estimate
More informationATTENTION: NEW NC-4 WITHHOLDING FORMS ENCLOSED
North Carolina Department of Revenue ATTENTION: NEW NC-4 WITHHOLDING FORMS ENCLOSED IMMEDIATE ACTION REQUIRED North Carolina Department of Revenue TO: IMPORTANT NOTICE: NEW NC-4 REQUIRED FOR PAYMENTS BEGINNING
More informationPERSONAL INCOME TAX BULLETIN 2005-03
PERSONAL INCOME TAX BULLETIN 2005-03 Issued: October 12, 2005 First Revision: December 22, 2005 Second Revision: September 08, 2006 Deferred Compensation Under Nonqualified Plans Part I. Overview. (a)
More informationWithholding Certificate for Pension or Annuity Payments
Withholding Certificate for Pension or Annuity Payments Type or Print Your Full Name Your Social Security Number Home Address (Number and Street or Rural Route) Claim or Identification Number (if any)
More informationWithholding Certificate for Pension or Annuity Payments
Withholding Certificate for Pension or Annuity Payments Type or Print Your Full Name Your Social Security Number Home Address (Number and Street or Rural Route) Claim or Identification Number (if any)
More informationWITHHOLDING CERTIFICATE FOR PENSION OR ANNUITY PAYMENTS
WITHHOLDING CERTIFICATE FOR PENSION OR ANNUITY PAYMENTS Type or Print Your Full Name Your Social Security Number Home Address (Number and Street or Rural Route) Claim or Identification Number (if any)
More informationNew Hire Booklet. Employee Name. Company Code 0104-0801. 2001 ADP TotalSource Services, Inc.
New Hire Booklet Employee Name Company Code 2001 ADP TotalSource Services, Inc. 0104-0801 Welcome to ADP TotalSource The Basic Employment Policies included in this Booklet will explain your relationship
More informationADMINISTRATIVE PROCEDURE SAN DIEGO UNIFIED SCHOOL DISTRICT
CATEGORY: SUBJECT: ADMINISTRATIVE PROCEDURE SAN DIEGO UNIFIED SCHOOL DISTRICT Fiscal Management, Payroll Tax-Sheltered Annuities NO: 2630 PAGE: 1 OF 5 A. PURPOSE AND SCOPE 1. To define administrative procedures
More informationSocial Security and Taxes
Social Security and Taxes Social Security is a safety net for the middle class and a lifeline for millions more. For more than 60 percent of Americans age 65 and over, it provides over 50 percent of their
More informationOFFICE OF THE ATTORNEY GENERAL 2013 TAX CHARTS
OFFICE OF THE ATTORNEY GENERAL 2013 TAX CHARTS Pursuant to 154.061 of the Texas Family Code, the Office of the Attorney General of Texas, as the Title IV-D agency, has promulgated the following tax charts
More informationThrift Savings Plan (TSP)
(TSP) TSP Contributions Catch-up Contributions Outstanding Loans Withdrawal Options TSP Publications Spouses Rights 2006, J.P.McGehrin & Associates, Inc.. All rights reserved. No part of this publication
More informationSACRAMENTO METROPOLITAN FIRE DISTRICT GOVERNMENTAL 457 DEFERRED COMPENSATION PLAN
SACRAMENTO METROPOLITAN FIRE DISTRICT GOVERNMENTAL 457 DEFERRED COMPENSATION PLAN DEEMED IRA ACCOUNTS DISCLOSURE STATEMENT This Disclosure Statement summarizes the provisions relating to the deemed IRA
More informationNEW JERSEY GROSS INCOME TAX Instruction Booklet for Employers, Payors of Pension and Annuity Income and
NJ-WT January 1, 2007 R-7, 2/07 STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY DIVISION OF TAXATION NEW JERSEY GROSS INCOME TAX Instruction Booklet for Employers, Payors of Pension and Annuity Income and
More informationWithholding Certificate for Pension or Annuity Payments
Web 12-14 NC-4P Withholding Certificate for Pension or Annuity Payments PURPOSE. Form NC-4P is for North Carolina residents who are recipients of income from pensions, annuities, and certain other deferred
More informationNew York State Department of Taxation and Finance
CT-33-A/B New York State Department of Taxation and Finance Detail Spreadsheet Attachment to Form CT-33-A Life Insurance Corporation Combined Franchise Tax Return Combined parent corporation name Parent
More informationNORTHEAST INVESTORS TRUST. 125 High Street Boston, MA 02110 Telephone: 800-225-6704
NORTHEAST INVESTORS TRUST traditional IRA INVESTOR S KIT 125 High Street Boston, MA 02110 Telephone: 800-225-6704 Table of Contents NORTHEAST INVESTORS TRUST TRADITIONAL IRA DISCLOSURE STATEMENT...1 INTRODUCTION...1
More informationMember / Beneficiary Request To Withdraw Contributions / Elect Rollover
Orange County Employees Retirement System 2223 E. Wellington Avenue. Suite 100 Santa Ana, CA 92701 (714) 558-6200 www.ocers.org Member / Beneficiary Request To Withdraw Contributions / Elect Rollover Please
More informationYear-end 2014 tax information
This booklet includes information about: forms you may receive... 2 state tax and foreign tax... 3 Roth IRA conversions and recharacterizations... 3 investing your tax refund...4-5 Information may be abridged
More informationTable of Contents. Section 1. Introduction Entities...2 IRS Approval...2
37788 X (1/16) Table of Contents Section 1. Introduction Entities...2 IRS Approval...2 Section 2. Right to revoke your IRA Revocation... 3 Section 3. Contributions Funding your IRA with new contributions...
More informationWithholding Certificate for Pension or Annuity Payments
NC-4P Web 11-13! Withholding Certificate for Pension or Annuity Payments North Carolina Department of Revenue Important: You must complete a new Form NC-4P for tax year 2014. As a result of recent law
More informationPayroll 101: An Introduction to Payroll and Taxes for Household Employers Redlig Financial Services LLC
In order to understand the role we play in handling and managing the payroll process for you, it is helpful to understand what s involved with payroll to begin with, from withholdings to remittances. As
More informationSavings Incentive Match Plan for Employees of Small Employers (SIMPLE) Not for Use With a Designated Financial Institution
Form 5304-SIMPLE (Rev. March 2012) Department of the Treasury Internal Revenue Service Name of Employer Savings Incentive Match Plan for Employees of Small Employers (SIMPLE) Not for Use With a Designated
More informationTax Laws Can Make You Rich
#9 F I N A N C I A L P L A N N I N G Tax Laws Can Make You Rich CPA... Imagine the possibilities! Intro Learning Activity Learning Objectives 1. Understand that certain U.S. tax laws assist individuals
More informationFranklin Templeton Investments Retirement Plan Overview. Reference Guide
Franklin Templeton Investments Retirement Plan Overview Reference Guide May Be Suitable For Features Eligibility Requirements Plan Contribution Limits Deadline to Set Up/Contribute Distributions Traditional
More informationNorth Carolina s Reference to the Internal Revenue Code Updated - Impact on 2015 North Carolina Corporate and Individual income Tax Returns
June 3, 2016 North Carolina s Reference to the Internal Revenue Code Updated - Impact on 2015 North Carolina Corporate and Individual income Tax Returns Governor McCrory signed into law Session Law 2016-6
More informationINCOME TAX AND THE SRP
INCOME TAX AND THE SRP (For Participants joining the Plan on or after April 15, 1998 Net Plan) The information provided below is for information purposes only - it is not tax advice. U.S. tax law is subject
More informationLifetime Income Financial Evaluation
Lifetime Income Financial Evaluation Client Name We will hold in the strictest confidence the information collected and entered in this document, other documents, and computerized software programs. We
More informationFranklin Templeton SIMPLE IRA EMPLOYEE S GUIDE
Franklin Templeton SIMPLE IRA EMPLOYEE S GUIDE Franklin Templeton SIMPLE IRA Roadmap to Retirement You ve been offered an opportunity to participate in a Franklin Templeton SIMPLE IRA (Savings Incentive
More informationA 401(k) FOR SELF-EMPLOYED INDIVIDUALS AND OWNER-ONLY BUSINESSES
A 401(k) FOR SELF-EMPLOYED INDIVIDUALS AND OWNER-ONLY BUSINESSES Are you self-employed? Just you and your spouse running a business? If so, you may find a Self-Employed 401(k) offers one of the most attractive
More informationUnderstanding the Payroll Deduction IRA
Understanding the Payroll Deduction IRA Date Presented by: Name, Title 0110-3705 This presentation is the property of ICMA-RC and may not reproduced or redistributed in any manner. Agenda ICMA-RC Overview
More informationVolunteer Training Tax Basics
Volunteer Training Tax Basics Presented by John Gleason Tax-Aid.org Covers all US citizens or residents (even undocumented) State tax is similar, generally handled by the computer What s a 1040 Filing
More informationThe Four State Colleges in Colorado Defined Contribution Pension Plan (DCPP)
The Four State Colleges in Colorado Defined Contribution Pension Plan (DCPP) For the Employees of: Adams State College Mesa State College Metropolitan State College of Denver Western State College of Colorado
More informationBasics of IRAs ING FINANCIAL SOLUTIONS. Your future. Made easier. SM
Basics of IRAs t FDIC/NCUA Insured t A Deposit Of A Bank t Bank Guaranteed May Lose Value t Insured By Any Federal Government Agency ING FINANCIAL SOLUTIONS Your future. Made easier. SM Traditional IRA
More informationSlide 2. Income Taxes
Slide 1 Taxes Income taxes have been a part of American life since 1909 when the 16 th Amendment to the Constitution was ratified. You can t avoid taxes, so you might as well understand how taxes are structured
More informationRoth 403(b) Contribution Option
Roth 403(b) Contribution Option Frequently Asked Questions George Mason University offers a Roth 403(b) contribution option under the George Mason University Tax Deferred Savings Plan (the Plan ). The
More informationPayroll Services General Information
Payroll Services General Information Pay Day District employees are paid monthly. Payday is generally the last working day of the month, unless otherwise notified. Direct Deposits As of January 1, 2006,
More informationOregon Withholding Tax Formulas
Oregon Withholding Tax Formulas Effective January 1, 2016 To: Oregon employers The Oregon Withholding Tax Formulas include: Things you need to know. Phase-out information for high income employees. Frequently
More informationPERSONAL INCOME TAX BULLETIN 2005-05
PERSONAL INCOME TAX BULLETIN 2005-05 Issued: November 07, 2005 Revised: December 06, 2005 Qualified Employer Plans Part I. Overview. (a) Receipt of compensation. Taxpayers are required to include in the
More informationState of Rhode Island Division of Taxation
Frequently Asked Questions Regarding 2011 Rhode Island Personal Income Tax Withholding and Revised Personal Income Tax Rates www.tax.ri.gov As of January 1, 2011 withholding rates, brackets and withholding
More informationCNIC. NAF BENEFITS Retirement Guide. Information on your: Retirement Plan Post Retirement Medical Post Retirement Life Insurance
CNIC NAF BENEFITS Retirement Guide Information on your: Retirement Plan Post Retirement Medical Post Retirement Life Insurance Effective October, 2013 Retirement Guide Table of Contents Title Page Introduction...3
More informationDependent Care Account
Dependent Care Account Visit our website at AlabamaBlue.com Dependent Care Account (DCA) A Dependent Care Account Can Save You Money As part of your benefits program, you may use payroll deductions to
More informationIRS 402(f) SPECIAL TAX NOTICE Revised December 2014
IRS 402(f) SPECIAL TAX NOTICE Revised December 2014 YOUR ROLLOVER OPTIONS You are receiving this notice because all or a portion of a payment you are receiving from the the Plan is eligible to be rolled
More informationSTATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER Bureau of State Payroll Services 110 State Street Albany, New York 12236
THOMAS P. DiNAPOLI STATE COMPTROLLER ROBIN R. RABII DIRECTOR STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER Bureau of State Payroll Services 110 State Street Albany, New York 12236 December 22, 2014
More informationIndividual Retirement Arrangements (IRAs)
Department of the Treasury Internal Revenue Service Publication 590 Cat. No. 15160x Individual Retirement Arrangements (IRAs) (Including Roth IRAs and Education IRAs) For use in preparing 2000 Returns
More informationImportant Tax Information About Payments From Your TSP Account
Important Tax Information About Payments From Your TSP Account Before you decide how to receive the money in your Thrift Savings Plan (TSP) account, you should review the important information in this
More informationAdvisory. The Health Care Reform Bill: How Will Its Tax Provisions Impact You and Your Business? April 2010. Impact on Employers
certified public accountants business consultants Advisory April 2010 The Health Care Reform Bill: How Will Its Tax Provisions Impact You and Your Business? The recently passed Patient Protection and Affordable
More informationIndividual Retirement Arrangements (IRAs)
Department of the Treasury Internal Revenue Service Publication 590 Cat. No. 15160x Individual Retirement Arrangements (IRAs) (Including Roth IRAs and Education IRAs) For use in preparing 1999 Returns
More informationWage Garnishments, Levies, And Child Support Withholding
Page 1 Wage Garnishments, Levies, And Child Support Withholding All Wage Garnishments, Levies, and Child Support Withholding Orders are processed by University Payroll Services. Do not accept any Withholding
More informationNew Alternatives Fund, Inc. INDIVIDUAL RETIREMENT ACCOUNT (IRA) TRADITIONAL IRA SEP IRA ROTH IRA
New Alternatives Fund, Inc. INDIVIDUAL RETIREMENT ACCOUNT (IRA) TRADITIONAL IRA SEP IRA ROTH IRA TABLE OF CONTENTS COMBINED DISCLOSURE STATEMENT 3 TRADITIONAL INDIVIDUAL RETIREMENT ACCOUNT DISCLOSURE 4
More informationSupplement to IRA Custodial Agreements
Supplement to IRA Custodial Agreements Effective December 31, 2014, the update below will be made to the American Century Custodial agreements for the following retirement accounts: Traditional IRAs, Roth
More informationA Consumer s Guide To
A Consumer s Guide To 401(k) Plans NYSUT Member Benefits wants NYSUT members to be the best-informed consumers in the state. This Consumer Guide is one of our contributions towards achieving that goal.
More informationPension and Annuity Guidelines
STATE OF CALIFORNIA FRANCHISE TAX BOARD FTB Publication 1005 Pension and Annuity Guidelines ONLINE SERVICES Go to ftb.ca.gov for: MyFTB Account view payments, balance due, and withholding information.
More informationYOUR ROLLOVER OPTIONS
YOUR ROLLOVER OPTIONS Form # 101 Revised 2/2013 1400 West Third, Little Rock, AR 72201 Phone (501) 682-1517 or (800) 666-2877 Fax (501) 682-1812 Website - http://www.artrs.gov You are receiving this notice
More informationLAUSD s Personnel Commission achieving excellence through merit. Outplacement Resources & FAQs
LAUSD s Personnel Commission achieving excellence through merit Outplacement Resources & FAQs LAUSD s Personnel Commission achieving excellence through merit Outplacement Resources & FAQs Who is protected
More informationPension and Annuity Guidelines
STATE OF CALIFORNIA FRANCHISE TAX BOARD FTB Publication 1005 Pension and Annuity Guidelines ONLINE SERVICES Go to ftb.ca.gov for: MyFTB Account view payments, balance due, and withholding information.
More informationSTATE OF HAWAII EMPLOYEES RETIREMENT SYSTEM SPECIAL TAX NOTICE REGARDING ROLLOVER OPTIONS
ERS Notice 402(f) (1/2010) STATE OF HAWAII EMPLOYEES RETIREMENT SYSTEM SPECIAL TAX NOTICE REGARDING ROLLOVER OPTIONS You are receiving this notice because all or a portion of a payment you are eligible
More informationESS Payroll Online Pay Statement
Employee Self-Service (ESS) Screens Payroll - Online Pay Statement Page 1 of 5 ESS Payroll Online Pay Statement 1. Under Payroll on ESS, click Online Pay Statement and the most recent pay period stub will
More informationYour guide to Roth 457 contributions
THE OREGON SAVINGS GROWTH PLAN PRESENTS Your guide to Roth 457 contributions Wonderful new feature this year Exciting. Thrilling. Fantastic. Best thing to hit the Pacific Northwest! What s in a name? That
More informationAge 59 1/2 (This withdrawal can be taken from your entire account.)
IN-SERVICE WITHDRAWAL REQUEST FORM Plan Name: Patriot Rail 401(k) Plan Plan Number: 79775 Participant s Social Security Number - - Participant Information Participant Name: Participant Address: Last First
More informationOverview. Calculating The Cost Of Group Term Life Insurance UNIFORM PREMIUM TABLE ( TABLE 1 )
Technical Bulletin for Employers Internal Revenue Code: Section 79 Tax Consequences of Group Term Life Insurance November 2005 Overview As an employer, you can provide up to $50,000 of group-term life
More informationImportant Tax Information About Your TSP Withdrawal and Required Minimum Distributions
Important Tax Information About Your TSP Withdrawal and Required Minimum Distributions The Thrift Savings Plan (TSP) is required by law to provide you with this notice. However, because the tax rules covered
More informationOFFICE OF THE ATTORNEY GENERAL 2014 TAX CHARTS
OFFICE OF THE ATTORNEY GENERAL 2014 TAX CHARTS Pursuant to 154.061 of the Texas Family Code, the Office of the Attorney General of Texas, as the Title IV-D agency, has promulgated the following tax charts
More informationOFFICE OF THE ATTORNEY GENERAL 2015 TAX CHARTS
OFFICE OF THE ATTORNEY GENERAL 2015 TAX CHARTS Pursuant to 154.061 of the Texas Family Code, the Office of the Attorney General of Texas, as the Title IV-D agency, has promulgated the following tax charts
More informationASC IRA Distribution Form
ASC IRA Distribution Form 120 Father Dueñas Ave. Ste.110 Hagåtña, Guam 96910 Phone: (671) 477-2724 Fax: (671) 477-2729 Email: Info@ASCTrust.com Website: www.asctrust.com You are about to make a decision
More informationGet Financially Fit. Define short-and long-term goals. Have your goals changed from 2-3 years ago? When goals change, adjust your plan.
Get Financially Fit Reduce debt. Save for today. Save for tomorrow. Define short-and long-term goals. Have your goals changed from 2-3 years ago? When goals change, adjust your plan. 1 What Do Your Financial
More informationA. We will automatically withhold the following taxes from these supplemental payments:
Frequently Asked Questions on Pay-Related Aspects of Your Voluntary Separation incentive Payment (VSIP/Buyout) Prepared by the GSA National Payroll Center, Kansas City, MO. Q-1. The Human Resources Office
More informationTax Implications of Health Care Reform
Tax Implications of Health Care Reform Presented by: Art Sparks, CPA Partner Certified Public Accountants Summary Summary The Patient Protection and Affordable Care Act (PPACA) and the companion Health
More informationHow To Pay Taxes On A Pension From A Retirement Plan
Payout Guide A GUIDE TO OPTIONS FOR YOUR STATE OF MICHIGAN 401(K) AND 457 PLAN ACCOUNTS 1-800-748-6128 http://stateofmi.ingplans.com State of Michigan 401(k) and 457 Plan Participant: You ve worked hard
More informationW-2 Frequently Asked Questions
Federal Withholding Taxes W-2 Frequently Asked Questions Taxes 1. Question: Why is there a number 22 in Box 20 instead of my residence or work locality? Answer: With the passage of Pennsylvania Act 32
More informationNonresident Aliens. Filing Your 2015 Minnesota Income Tax and Property Tax Refund Returns
Nonresident Aliens Filing Your 2015 Minnesota Income Tax and Property Tax Refund Returns Resident Alien * Are you a resident alien? * A resident alien is generally taxed in the same way as U.S. citizens.
More informationSavings Incentive Match Plan for Employees (SIMPLE) For Use with a Non-DFI IRS Model Form 5304-SIMPLE
Savings Incentive Match Plan for Employees (SIMPLE) For Use with a Non-DFI IRS Model Form 5304-SIMPLE Form 5304-SIMPLE (Rev. August 2005) Department of the Treasury Internal Revenue Service Savings Incentive
More informationSPECIAL TAX NOTICE REGARDING YOUR ROLLOVER OPTIONS UNDER A GOVERNMENTAL 401(a) PLAN
SPECIAL TAX NOTICE REGARDING YOUR ROLLOVER OPTIONS UNDER A GOVERNMENTAL 401(a) PLAN You are receiving this notice because all or a portion of a payment you are receiving from the State Universities Retirement
More informationCITY OF CHATTANOOGA GENERAL PENSION PLAN LUMP SUM DISTRIBUTION OF PARTICIPANT CONTRIBUTIONS
LUMP SUM DISTRIBUTION OF PARTICIPANT CONTRIBUTIONS The following are procedures for processing pension refund applications: 1. The City of Chattanooga Personnel Department must receive a completed termination
More informationYOUR GUIDE TO YOUR UNITED AMERICAN IRA
3700 S. STONEBRIDGE DRIVE POST OFFICE BOX 8080 MCKINNEY, TEXAS 75070-8080 YOUR GUIDE TO YOUR UNITED AMERICAN IRA PLAN CODE: E91 UASA DF PC E91 UAI1422 1209 Your Guide to Your United American IRA This Guide
More informationForm CT-W4P Withholding Certificate for Pension or Annuity Payments 2015. Complete this certifi cate in blue or black ink only.
Department of Revenue Services State of Connecticut (Rev. 12/14) Form CT-W4P Withholding Certificate for Pension or Annuity Payments 2015 Complete this certifi cate in blue or black ink only. CT-W4P Form
More informationSAFETY WELFARE AND BENEFITS
Prepared by the Personnel Management Office. This replaces Administrative Procedure No. A9.740 dated July 1986. February 1986 SAFETY WELFARE AND BENEFITS Page 1 A9.740 TAX DEFERRED ANNUITY PROGRAM (TDA)
More informationMontana Department of Revenue
Montana Department of Revenue Dan Bucks Director Brian Schweitzer Governor To: From: Revenue and Transportation Interim Committee Dan Dodds, Senior Economist Date: April 20, 2012 Subject: Annual Report
More informationS ection 8 WHEN WAGES BECOME TAXABLE
S ection 8 WHEN WAGES BECOME TAXABLE Introduction There is often a lapse of at least a week between the time wages are earned and the time they are actually paid. For instance, an employee who is paid
More informationTax Highlights for U.S. Citizens and Residents Going Abroad. Publication 593 (Rev. Nov. 94) Cat. No. 46595Q
Department of the Treasury Internal Revenue Service Publication 593 (Rev. Nov. 94) Cat. No. 46595Q Tax Highlights for U.S. Citizens and Residents Going Abroad Important Reminders Form 2555 EZ. You may
More informationSpecial Tax Notice Regarding Plan Payments Under Governmental 401(a) Plans
Special Tax Notice Regarding Plan Payments Under Governmental 401(a) Plans Page 1 of 8 This notice explains how you can continue to defer federal income tax on your retirement savings in the Indiana State
More informationINCOME TAX REFORM. What Does It Mean for Taxpayers?
BRIEFING PAPER INCOME TAX REFORM What Does It Mean for Taxpayers? Office of Legislative Research and General Counsel DECEMBER 2006 UTAH LEGISLATURE HIGHLIGHTS SB 4001, passed in the 2006 4th Special Session,
More information