024 - No HITS Deductions YTD - Submit NFC-74 (Document Type 999 - Informational Messages)
Doc Type |
Code |
Message |
999 |
024 |
No HITS Deductions YTD - Submit NFC-74 |
Description |
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The employee is transferring from another Federal Department under a Federal Insurance Contribution Act (FICA) retirement plan (Retirement Coverages code , , , , or ). To prevent the employee from exceeding the maximum annual tax amount subject to the Hospital Insurance Tax (HIT), you must enter the HIT deductions to be carried forward (HOSP Ins Tax Deduct YTD) from the previous Department into your Agency's Payroll/Personnel processing system. To verify that the data applied, access the Information/Research Inquiry System (IRIS) Program 103, Salary YTD Data. |
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