State Agencies Bulletin No. 264

Subject
Changes in Federal Income Tax Withholding Tables for July 2001
Date Issued
June 29, 2001

Purpose

To advise agencies of decreases in Federal Income Taxes.

Affected Employees

All employees

Effective Date(s)

New rates will be reflected in the Institution checks dated July 12, 2001 and Administration checks dated July 18, 2001.

Tax Tables

The amount of income tax withholding has decreased in various categories. 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.

The New York State Payroll System calculates taxes based on the annual table.

Questions

Questions regarding this bulletin may be directed to the Payroll Deductions mailbox.