IRS Tax Levy
IRS Tax Levy garnishment rate values are included in the Tax Table updates. They use Common Codes Category/Value of PYTX/ LTyyft (yy = the calendar year, {"18"}; f = frequency, {Weekly – "W", BiWeekly – "B", SemiMonthly – "S", and Monthly – "M"}; t = Table ID, {Table 1 = "A", Table 2 = "B"}. They replace NU Common Codes LEVY/01####A and LEVY/01####B, where in calendar years previous to 2017, users had to update themselves in order to process the protected wage amount. The updated PYTX/LTyyft tables in this release are based on current values found in http://www.irs.gov/pub/irs-pdf/p1494.pdf.
The settings for the employee assignments will be the same as shown in the next section.
Employee Tax Levy Assignment
Additional information is needed in order to process the table entries for IRS Tax Levies. This information is stored in Miscellaneous Payroll tab on the employee CDH Assignment page (HRPYPR).
Enter the Begin/End Date to indicate the effective date range of the assignment.
Enter DEDU in the CDH Type field to indicate it is a deduction.
Enter the CDH Assignment for the IRS Tax Levy.
Enter the Amount, if the employee has made a payment arrangement with the IRS, otherwise, leave blank.
Enter a filing status code in the Amount (A) / Percent (P) (Special Code 1) field:
Filing Status Code | Description | |
|---|---|---|
S | Single | |
MJ | Married Filing Jointly | |
MS | Married Filing Separately | |
H | Head of Household |
Enter the Vendor.
Enter the Status.
Enter the Frequency.
In Special Code 2, enter the number of exemptions.
In Special Code 3, enter the year the tax was levied in YYYY format (ex: 2021)
Press Enter to update.
Non-Resident Aliens (NRAL)
Additional withholding for NRAL calculations will automatically be included with a simple setup change. Mark NRAL employees by putting NRAL into Special Code (3) on the FIT deduction assignment. A specified additive dollar amount should be entered in Associated Value (3) on the deduction definition.