Federal Travel Regulation; Relocation Income Tax Allowance Tax Tables-2008 Update; Correction
Federal Register: May 19, 2008 (Volume 73, Number 97)
Rules and Regulations
Page 28726-28727
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
DOCID:fr19my08-5
Page 28726
GENERAL SERVICES ADMINISTRATION 41 CFR Part 302-17
FTR Amendment 2008-03; FTR Case 2008-302; Docket 2008-002, Sequence 1
RIN 3090-AI48
Federal Travel Regulation; Relocation Income Tax (RIT) Allowance
Tax Tables--2008 Update; Correction
AGENCY: Office of Governmentwide Policy, General Services
Administration (GSA).
ACTION: Correcting amendments.
SUMMARY: The General Services Administration published a document in the Federal Register on May 7, 2008 (73 FR 25539), that updated
Federal, State, and Puerto Rico tax tables for calculating the relocation income tax (RIT) allowance. This document corrects that final rule.
DATES: Effective Date: This final rule is effective May 19, 2008.
Applicability date: January 1, 2008.
FOR FURTHER INFORMATION CONTACT: The Regulatory Secretariat (VPR), Room 4035, GSA Building, Washington, DC 20405, telephone (202) 501-4755, for information pertaining to status or publication schedules. For clarification of content, contact Ed Davis, Office of Governmentwide
Policy, Travel Management Policy (MTT), Washington, DC 20405, telephone
(202) 208-7638. Please cite the correction to FTR Amendment 2008-03,
FTR case 2008-302.
SUPPLEMENTARY INFORMATION:
-
Background
A final rule was published in the Federal Register on May 7, 2008
(73 FR 25539). This document makes corrections to that final rule.
List of Subjects in 41 CFR Part 302-17
Government employees, Income taxes, Relocation allowances and entitlements, Transfers, Travel and transportation expenses.
Dated: May 12, 2008.
Henry Maury,
Director, Relocation Management Policy. 0
Accordingly, 41 CFR part 302-17 is corrected by making the following correcting amendments:
PART 302-17--RELOCATION INCOME TAX (RIT) ALLOWANCE 0 1. The authority citation for 41 CFR part 302-17 is amended to read as follows:
Authority: 5 U.S.C. 5738; 20 U.S.C. 905(a); E.O. 11609, as amended, 36 FR 13747, 3 CFR, 1971-1975 Comp., p. 586. 0 2. Revise Appendix A to part 302-17 to read as follows:
Appendix A to Part 302-17--Federal Tax Tables for RIT Allowance
Federal Marginal Tax Rates by Earned Income Level and Filing Status--Tax Year 2007
Use the following table to compute the RIT allowance for Federal taxes, as prescribed in 302-17.8(e)(1), on Year 1 taxable reimbursements received during calendar year 2007
Marginal tax rate
Single taxpayer
Head of household
Married filing jointly/
Married filing
qualifying widows &
separately widowers
But not
But not ------------------------
Percent
Over
over
Over
over
But not
Over
But not
Over
over
over
10......................................................
$9,287
$17,545
$18,060
$29,399
$26,173
$41,393
$14,049
$21,441 15......................................................
17,545
43,394
29,399
62,576
41,393
91,201
21,441
45,388 25......................................................
43,394
93,101
62,576
138,856
91,201
162,117
45,388
81,616 28......................................................
93,101
183,867
138,856
216,022
162,117
233,656
81,616
119,660 33......................................................
183,867
376,616
216,022
389,045
233,656
387,765
119,660
197,483
0 3. Revise Appendix C to part 302-17 to read as follows:
Appendix C to Part 302-17--Federal Tax Tables for RIT Allowance--Year 2
Estimated Ranges of Wage and Salary Income Corresponding to Federal Statutory Marginal Income Tax Rates by Filing Status In 2008
The following table is used to determine the Federal marginal tax rate for Year 2 for computation of the RIT allowance as prescribed in 301-17.8(e)(1).
This table is to be used for employees whose Year 1 occurred during calendar years 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006 or 2007
Marginal tax rate
Single taxpayer
Head of household
Married filing jointly/
Married filing
qualifying widows &
separately widowers
But not
But not ------------------------
Percent
Over
over
Over
over
But not
Over
But not
Over
over
over
10......................................................
$9,597
$18,107
$18,364
$30,153
$27,463
$42,942
$14,203
$21,913 15......................................................
18,107
44,461
30,153
64,200
42,942
94,016
21,913
46,764 25......................................................
44,461
95,997
64,200
142,780
94,016
167,442
46,764
84,076 28......................................................
95,997
191,453
142,780
225,385
167,442
243,961
84,076
124,354 33......................................................
191,453
390,566
225,385
405,567
243,961
404,547
124,354
205,412 35......................................................
390,566 ..........
405,567 ..........
404,547 ..........
205,412 ..........
Page 28727
FR Doc. E8-11084 Filed 5-16-08; 8:45 am
BILLING CODE 6820-14-P
