The law is also clear that the payments are reduced at certain income levels. How does my employer know what I am reporting on my tax return? And how does employer know what my SPOUSE may be reporting on a joint return?
Alberta’s Child wrote: “The law is also clear that the payments are reduced at certain income levels. How does my employer know what I am reporting on my tax return? And how does employer know what my SPOUSE may be reporting on a joint return?”
They don’t always but the company could allow those who think the company withheld too much to present proof, ie, a tax return.
I’m not defending the company. Merely showing how a company could implement this policy.
For the record, I think this is fake news, something a BernieBro would invent to castigate “greedy” corporate America.