|
|
|||
|
Date: August 8, 2001 |
Bulletin No. 267 |
|||
|
|
||||
| Subject | Supplemental Wage Flat Withholding Rate Decrease |
| Purpose | To advise agencies of a decrease in the supplemental wage flat withholding rate from 28% to 27.5%. |
| Affected Employees | Any employee who receives a supplemental wage for a payment in PaySR. |
| Tax Tables | To request a copy of the 15T- New Withholding Tables for 2001, contact the IRS at the toll free number 1-800-829-3676 or visit their website at www.irs.ustreas.gov to view this publication. |
| Effective Date(s) |
New rates will be reflected in the Institution checks dated August 9, 2001 and Administration checks August 15, 2001 for employees who received a supplemental wage. |
| Questions | Questions regarding this bulletin may be directed to the Payroll Deductions mailbox. |