Taxation in the United States and Income Tax Credit Essay

Submitted By bryantkobe24
Words: 504
Pages: 3

TO:

Associates of Macy’s, Inc. who receive their 2011 W-2 Electronically

FROM: Macy’s Payroll Services

Thank you for supporting Macy’s Go Green effort and enrolling in our program!
Information appearing on your Form W-2 will include wages paid and taxes withheld at any time during the calendar year of 2011. It is extremely important that you review your Form W-2 and that you report any discrepancies immediately. The following services are available through W-2 express:  You have found a discrepancy on your Form W-2 and need to report the error.  The social security number on your Form W-2 is incorrect.  You need to request a reprint or you need information on how to read your W-2. If you cannot obtain Internet access, you may call 1-800-234-MACY (6229) for assistance. When speaking with a representative from the W-2 eXpress customer service line, be as specific with your issue as possible. Providing specific, detailed information is critical for a timely resolution. Please note, your electronic W-2’s are viewed in Adobe and only one page appears at a time. It is IMPORTANT to know you will have multiple pages within your electronic W-2 file. Please read the notice to employee and instructions printed as a supplemental page with your electronic Form W-2. This information has been furnished by the IRS and includes information regarding Earned Income Credit (EIC), corrections and more.

IMPORTANT INFORMATION ABOUT EARNED INCOME TAX CREDIT
Based on your annual earning, you may be eligible to receive the Earned Income Tax Credit from the federal government. The earned income tax credit is a refundable federal income tax credit for low-income working individuals and families. The earned income tax credit has no effect on certain welfare benefits. In most cases, earned income tax credit payments will not be used to determine eligibility for Medicaid, supplemental security income, food stamps, low-income housing or most temporary…