US Taxes: Federal

Tax and Garnishment Tables – Notice 2024-20

Version
Notice 2024-20
Release Date
12/19/2024
ft:lastEdition
2024-12-20

Federal - Deferred Comp catch up taxable wages are not reduced before taxation

Federal - Corrected an issue where the 2025 regular catch-up limit amounts for deferred comp plans were not being reduced from taxable wages. This has now been corrected. GPTCI-56627