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February 2 Deadline to Implement Retroactive Increase in 2014 Mass Transit Benefit Limits
Ogletree Deakins
[Guidance Overview] Jan. 25, 2015
"The employer may not refund employees' overwithheld income taxes from 2014. The notice procedures relate only to FICA taxes, including the Additional Medicare Tax. If the employer does not pursue a FICA adjustment, employees may file Form 843 with the IRS to request refunds of the FICA taxes that were withheld from their pay."
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