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Date: November 22, 2000 |
Bulletin No. 214 |
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Date: November 22, 2000 |
Bulletin No. 214 |
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| Subject | Claiming Exempt From Withholding |
| Purpose | To explain the procedure for the annual review of employees who claim to be exempt from Federal and/or State withholding. |
| Affected Employees | Employees claiming to be exempt from withholding. |
| Background | Internal Revenue Service regulations require anyone claiming Federal tax exempt status to file a new W-4 by February 15 each year. New York State Department of Taxation and Finance regulations require anyone claiming State tax exempt status to file a new IT-2104-E, annually. The W-4's and IT-2104-E’s for the current year’s exemption are to be retained in the employee’s payroll office. |
| Agency
Actions
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A report (NPAY738) identifying
employees in your agency claiming Federal and/or State exempt status is
available in Reveal.
If any employee identified as claiming exempt from Federal withholding does not provide you with a new W-4 by February 15, 2001, their status must be changed to ‘Single O’ on the Federal Tax Data 1 Panel. If any employee identified as claiming exempt from State withholding does not annually provide you with a new IT-2104-E, their status must be changed to ‘Single 1' on the State Tax Data 1 Panel. |
| Questions | Questions regarding this bulletin may be directed to the Payroll Deductions mailbox. |
