To explain the added selection on the Federal Tax Data 2 panel for the new Earned Income Tax Credit filing status of "Married Without Spouse Filing Certificate".
All employees eligible for the Earned Income Credit.
Administration checks dated 5/22/02, Institution checks dated 5/15/02.
Advance Payment of Earned Income Credit
In 2002, employees whose earned income is less than $30,201 for the new filing status, may be eligible for the advance payment of the Earned Income Credit (EIC), with a maximum credit of $1,503. The new 2002 tables for calculating the credits are in Circular E, Employer's Tax Guide. Contact the IRS at the toll-free number 1-800-829-3676 or visit their website at www.irs.gov to view this publication.
OSC Automatic Processing
All employees will have a new radio button added to the Federal Tax Data 2 panel of "Married Without Spouse Filing".
Questions regarding this bulletin may be directed to the Payroll Deductions mailbox.