When will the New York Employer Metropolitan Commuter Transportation Mobility Tax (MCTMT) be Delivered?
Last updated on SEPTEMBER 15, 2015
Applies to:Oracle HRMS (US) - Version 126.96.36.199 and later
Information in this document applies to any platform.
FORM:PAYWSRQP.FMB - Run QuickPay
The Metropolitan Commuter Transportation Mobility Tax (MCTMT) is a tax imposed on certain employers and self-employed individuals engaging in business within the Metropolitan Commuter Transportation District (MCTD). This department administers the tax for the Metropolitan Transit Authority.
The MCTD includes New York (Manhattan), Bronx, Kings (Brooklyn), Queens, Richmond (Staten Island), Rockland, Nassau, Suffolk, Orange, Putnam, Dutchess, and Westchester counties.
The tax applies to:
- Employers required to withhold New York State income tax from employee wages and whose payroll expense exceeds $2,500 in any calendar quarter.
- Individuals with net earnings from self-employment allocated to the MCTD that exceed $10,000 for the tax year. (This includes partners in partnerships and members of an LLC treated as a partnership.)
- Employers: .34% of an employer' total payroll expense for employees employed within the MCTD
- Individuals: .34% of net earnings from self-employment allocated to the MCTD during the tax year
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