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Taxes
Announcement, January 19, 2021The Internal Revenue Service (IRS) issued Publication 15-T "Federal Income Tax Withholding Methods" with 2021 Withholding Tables. |
Announcement, January 19, 2021The form W-4 Employee’s Withholding Certificate for federal withholdings no longer has the option of allowances. The 2021 form IT-2104 Employee’s Withholding Allowance Certificate for state and city withholdings still provides for allowances. Learn more about the W-4 form changes on the IRS website. Perform a quick Paycheck Checkup using the IRS withholding calculator and the IRS Publication 505, Tax Withholding and Estimated Tax (PDF). |
Announcement, January 19, 2021The Internal Revenue Service (IRS) provides important Paycheck Checkup reminders to help you avoid tax-time surprises. Download the IRS publications: IRS Publication 4929 "Is Your Refund or Tax Bill Too Big?" IRS Publication 5303 "Paycheck Checkup Can Prevent a Tax-Time Surprise" IRS Publication 5360 "How to Check Your Taxes Now to Avoid Surprises Later" |
Find out how your tax dollars are allocated and learn about available programs and credits.
Contents of the Tax section:
Affordable Care Act
If you were a full-time employee of the City of New York during any part of 2020, you will receive a 2020 1095-C form even if you did not elect health insurance through the City.
Download the current Form 1095-C Information from the OLR website to learn more about this form.