Income taxes: Return of information as to payments to employees; CFR correction,

[Federal Register: October 12, 1999 (Volume 64, Number 196)]

[Rules and Regulations]

[Page 55137]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr12oc99-7]

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

Income Taxes

CFR Correction

In Title 26 of the Code of Federal Regulations, part 1 (Sec. 1.1401 to End), revised as of Apr. 1, 1999, page 689, Sec. 1.6041-2 is corrected by reinstating the fourth sentence of paragraph (a)(1) to read as follows:

Sec. 1.6041-2 Return of information as to payments to employees.

(a)(1) In general. * * * For example, if a payment of $700 was made to an employee and $400 thereof represents wages subject to withholding under section 3402 and the remaining $300 represents compensation not subject to withholding, such wages and compensation must both be reported on Form W-2. * * * * *

[FR Doc. 99-55533Filed10-8-99; 8:45 am]

BILLING CODE 1505-01-D