New federal income tax withholding tables reflecting changes from

NORTHERN KENTUCKY UNIVERSITY TO: FROM: SUBJECT: DATE: NORTHERN KENTUCKY UNIVERSITY EMPLOYEES CATHY WISHER, PAYROLL MANAGER FEDERAL TAX WITHHOLDING 7/13/2009 New federal income tax withholding tables reflecting changes from the recently enacted Making Work Pay tax credit were updated into the SAP system. Effective immediately, employees may have less federal tax withheld each paycheck based on their current marital status and exemptions. There is no action required by the employee. Please visit the IRS link for the “Notice to Employee” information. http://www.irs.gov/publications/p15t/32112b89.html As stated in the notice, if you have federal income tax withheld by more than one employer (you are married and both spouses have tax withheld or you have multiple jobs) you may want to revise your W-4 to avoid having too little tax withheld. The W-4 can be found on the payroll website or in the payroll office located in AC 613. Please be advised the payroll office can not give tax advice; please consult your personal tax advisor to determine if any changes need to be made to your withholding.

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