[Federal Register Volume 73, Number 97 (Monday, May 19, 2008)]
[Rules and Regulations]
[Pages 28726-28727]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-11084]



[[Page 28726]]

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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.

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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:

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.

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

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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
--------------------------------------------------------------------------------------------------------------------------------------------------------


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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  ..........
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[[Page 28727]]

[FR Doc. E8-11084 Filed 5-16-08; 8:45 am]
BILLING CODE 6820-14-P