If you filed a FICA refund claim with the IRS seeking a refund of FICA taxes paid on LoDI payments received for a period of six months or less and received the refund, circle N for No for each year you received the refund on the consent form. You are not entitled to have this money refunded twice. If you filed for a FICA refund pertaining to LoDI with the IRS and had that claim rejected, circle Y for Yes for that year on the consent form.

If you filed for a FICA refund pertaining to LoDI with the IRS and you have not received the refund, circle Y for Yes for that year on the consent form. Yes. You are eligible to receive a refund. In order to obtain your refund, you must complete the consent form by circling Y for Yes or N or No for each year. Failure to return the signed consent form to the City by Thursday, April 5, 2007 will prevent you from being able to obtain your FICA refund.

Those individuals who timely return the signed consent form to the FICA Refund Claim Unit by Thursday, April 5, 2007 will receive their refund from the City once the IRS refunds the money to the City. Because the IRS will have to review the claims prior to paying out the refund, we cannot provide an estimate of when these payments will be received by the City.

You can access the IRS's secure Web site to find out if the IRS received your return and whether your refund was processed and sent to you. To get to your refund status, you'll need to provide the following information as shown on your return: Your Filing Status, (Single, Married Filing Joint Return, Married Filing Separate Return, Head of Household, or Qualifying Widow(er)) If there is a refund due to you, no penalty for late filing or late paying will be charged.

The City has filed refund claims for both the employer's and employees' share of the FICA taxes paid on LoDI payments received by eligible uniformed members of the City's Correction, Fire, Police and Sanitation departments for a period of six months or less for the years 1989 through 2005.

Yes. Your refund checks will include the amount of FICA taxes withheld from your paycheck that are attributable to LoDI pay received for a period of six months or less AND statutory interest from the date of payment. The interest received is taxable and you will receive a 1099-int form.

Only the interest received with your FICA refund is taxable. You will receive a 1099-int form. The City of New York will report the interest amount to the IRS. This interest is taxable in the year received. No amended income tax returns for past years are required.

No, there is no penalty assessed if you are due a refund, even if you file your return after the due date. However, you must file a return within three years of the original due date in order to claim your refund.

Because FICA is paid both by the employer and the employee, and because the City remits the employees' share to the IRS on behalf of the employee, when requesting a refund, federal law requires that the employer also seek refunds on behalf of its employees. Please note, this statutory requirement does not prevent employees from seeking refunds themselves.

The New York Court of Appeals decided in Doctors Council v. NYCERS, 529 N.Y.S. 2d 732 (Ct. App. 1988), that doctors and dentists employed part-time by the City of New York were eligible to participate in a City pension plan. In 1992, this decision was modified to include part-time employees of the New York City Boards of Education and Higher Education.

FICA is the acronym for the Federal Insurance Contributions Act. FICA consists of both Social Security and Medicare taxes. LoDI Payments received for more than six months had previously been deemed to be exempt from FICA tax withholding by the IRS under a separate statutory provision. Only LoDI payments made to an employee for a period of six months or less were subject to FICA taxes.

If you receive a W-2C after you have filed your income taxes, the IRS may require that you file an amended income tax return. Contact your tax consultant for the appropriate Internal Revenue Service (IRS) reporting process.

The vast majority of employees included in the Doctors Council FICA Refund Claim authorized the City to collect their shares of the claim and forward the proceeds to them. A very few individuals did not.

The IRS requests that you wait until at least 4 weeks after filing your return to check the status. There are now 3 ways to check the status of your refund:

No. The first requirement of any Tax Settlement is that you are current in all your tax filings. If you do not already have all your returns filed, Professional Tax Settlements also offers tax filing services for prior years returns to help bring you into compliance with the IRS. Yes. Non-payment of payroll taxes (941 and 940 taxes) is a very serious issue with the IRS. Every day, we help small businesses get back into compliance and reach a settlement with the IRS.

If, in the past, you received any unemployment benefits to which you were not entitled, the Division may recover the overpaid unemployment benefits by using your current benefits. If you did receive any unemployment benefits to which you were not entitled, you should have received a determination stating the reason and the amount you were overpaid.

Refunds may have been applied against prior delinquent assessments or may be barred by Statute of Limitations. Claims for refunds must be made within four years from the date the payment was made or from the date the tax return was due. A 2000 tax return due on April 30, 2001 would be entitled to a refund up to April 30, 2005. For years prior to 1997, the statute of limitations is three (3) years.

Social Security payroll taxes are collected under authority of the Federal Insurance Contributions Act (FICA). The payroll taxes are sometimes even called "FICA taxes." In the original 1935 law the benefit provisions were in Title II of the Act and the taxing provisions were in a separate title, Title VIII. As part of the 1939 Amendments, the Title VIII taxing provisions were taken out of the Social Security Act and placed in the Internal Revenue Code.