US Tax Levy Table (PR10.1)
Use the United States Tax Levy Table (PR10.1) to inquire on wages exempt from IRS tax levies and to define and maintain wages exempt from state tax levies. Lawson recommends that the delivered IRS tax wage exemption records not be altered or deleted.
Use PR10.1 to define the exempt wage tables for tax levies. The table is defined for a specific tax authority, levy year, and filing status. The exempt amount is defined by pay frequency for a specific number of exemptions. Levy tables may also define a calculation to be used after a specific number of exemptions are reached. The calculation usually includes a base amount plus an amount per exemption. The base amount and amount per exemption are entered by pay frequency. When a levy is processed, and the number of exemptions does not exist on the tax levy table, the calculation defined will be used to determine the exempt wage amount.