E8-11084. Federal Travel Regulation; Relocation Income Tax (RIT) Allowance Tax Tables-2008 Update; Correction
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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.
Start Further InfoFOR 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.
End Further Info End Preamble Start Supplemental InformationSUPPLEMENTARY INFORMATION:
A. 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.
Start List of SubjectsList 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.
Accordingly, 41 CFR part 302-17 is corrected by making the following correcting amendments:
End Amendment Part Start PartPART 302-17—RELOCATION INCOME TAX (RIT) ALLOWANCE
End Part Start Amendment Part1. The authority citation for 41 CFR part 302-17 is amended to read as follows:
End Amendment Part Start Amendment Part2. Revise Appendix A to part 302-17 to read as follows:
End Amendment PartAppendix A to Part 302-17—Federal Tax Tables for RIT Allowance
Start Amendment PartFederal 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/qualifying widows & widowers Married filing separately Percent Over But not over Over But not over Over But not over Over But not 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 3. Revise Appendix C to part 302-17 to read as follows:
End Amendment PartAppendix C to Part 302-17—Federal Tax Tables for RIT Allowance—Year 2
Start Printed Page 28727 End Supplemental InformationEstimated 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/qualifying widows & widowers Married filing separately Percent Over But not over Over But not over Over But not over Over But not 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 [FR Doc. E8-11084 Filed 5-16-08; 8:45 am]
BILLING CODE 6820-14-P
Document Information
- Published:
- 05/19/2008
- Department:
- General Services Administration
- Entry Type:
- Rule
- Action:
- Correcting amendments.
- Document Number:
- E8-11084
- Pages:
- 28726-28727 (2 pages)
- Docket Numbers:
- FTR Amendment 2008-03, FTR Case 2008-302, Docket 2008-002, Sequence 1
- RINs:
- 3090-AI48
- Topics:
- Government employees, Income taxes, Relocation assistance, Travel and transportation expenses
- PDF File:
- e8-11084.pdf
- CFR: (1)
- 41 CFR 302