systems

State of North Carolina Office of the State Controller


Michael F. Easley, Governor
Edward Renfrow, State Controller
Gwen Canady, Chief Deputy
January 05, 2001

M E M O R A N D U M  NO PR2001-001
 

TO: All Agencies Served by the State Controller's Office - Payroll Section
FROM: Roger Farmer
Payroll Administrator
SUBJECT: Tax Tables for 2001

Please find attached to this memorandum the FEDERAL WITHHOLDING TAX TABLES, NC WITHHOLDING TAX TABLES, ADVANCE EARNED INCOME CREDIT TABLES AND A COPY OF FORM W-5 with instructions.  The attached W-5 form should be copied and used to claim the EIC in 2001.  The NC TAX TABLES DID NOT CHANGE FOR 2001.

FEDERAL WITHHOLDING EXEMPTIONS:

FROM
TO
ANNUAL
$2,800.00
$2,900.00
MONTHLY
233.33
241.67
SEMIMONTHLY
116.67
120.83

NC WITHHOLDING EXEMPTIONS:
THESE ARE SHOWN ON THE TAX TABLES

ADVANCE EIC TABLES

EIC CODING:
 SINGLE OR MARRIED WITHOUT SPOUSE
 FILING CERTIFICATE               THE EIC CODE = 2

 MARRIED WITH BOTH SPOUSES
 FILING CERTIFICATES              THE EIC CODE = 1

SOCIAL SECURITY INFORMATION:
   WAGES SUBJECT CEILING APPLICABLE
 

CATEGORY
FROM
TO
PERCENTAGE
OASDI
$ 76,200
$ 80,400
6.20
HI
NO CEILING
NO CEILING
1.45
MQFE
NO CEILING
NO CEILING
1.45

Attachments:

Form W-5
 

Central Payroll - Roger Farmer, CPA, Manager
 
MAILING ADDRESS
1410 Mail Service Center
Raleigh, NC 27699-1410
Telephone:  (919) 981-5465
Fax Number: (919) 981-5560
State Courier: 56-50-10
Website:  www.ncosc.net
LOCATION
3512 Bush Street
Raleigh, NC
An Equal Opportunity/Affirmative Action/Americans With Disabilities Employer