Welcome to Solomon!

Enter the Access Code below

Access code is invalid

Solomon Logo

Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.
Warning

The submission deadline for this request has expired. 

As noted in the email you received, some Reliant employees had federal tax withholdings in the months of March-to-October 2023 that are significantly were less than previous months' withholdings and appear to be too low. Employees affected by this issue that also did not receive a sufficient bonus due to inadequate MTD fund balances may request a MTD Tax Relief Bonus to use MTD funds Salary Advance to help offset the impact of the payment of the taxes not withdrawn from their payroll between March through October of 2023. If there were inadequate MTD fundscatch-up taxes being withheld. 

If this Tax Relief Salary Advance Form is submitted by 5pm EST 11/16, it will be processed on 11/17 or submitted by the end of day 12/1 to be processed with the December payroll. Then, along with the advanceIf this form is submitted for the November payroll (submitted by end of day 11/5) or December payroll (submitted by end of day 12/1) then, along with the bonus, the same amount as the bonus advance will also automatically be withdrawn in federal taxes to make up for previously missed withdrawal payments in the same year. 

Employees are eligible for this tax relief bonus using MTD funds to help offset these federal tax amounts owed between March through October of 2023 advance if they have received an email directly from Reliant stating their eligibility as well as the maximum qualification amount for the requested bonusadvance. The maximum is just an estimate of what would have been paid in federal taxes if Reliant had not transitioned to a new payroll system. Employees should analyze their own taxes and seek tax consultation if needed. Employees may choose to request a lower amount on the bonus request advance request form. Reliant has put together a page to assist with Calculating Potential Shortfall in Federal Income Tax Withholdings. 

Employees must also submit a new W4 to ensure all future federal tax withdrawals are correct. (Here is the Link to the new Federal W4. Please read the green "tip" box explaining details on the new W4 before filling out the new form. In general, the new W4 is designed to withhold less.)

UI Button
colorblue
titleTax Relief MTD Advance Form
urlhttps://docs.google.com/spreadsheets/d/1GUa7DMd5gtRPqatqWTdqx_YyK2phGqtbulKcB2JLbbk/copy