Payroll and OTL - EBS (MOSC)

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Federal tax levy exemption amount

edited Apr 8, 2016 10:05AM in Payroll and OTL - EBS (MOSC) 4 commentsAnswered ✓

Hi.  The Federal tax levy exemption amount is not the 2016 amount, but still the 2015 amount.  All mandatory patches have been applied (Year end, Q4, year begin, etc.)  From Doc ID 375096.1 - The Category Tax Levy follows the Federal rules from IRS Publication 1494 - Table for Figuring Amount Exempt from Levy on Wages, Salary, and Other Income (Forms 668-W(ACS), 668-W(c)(DO) and 668-W(ICS)).  Have the rates not been updated yet or is there something else that we have to do?


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