2012 Metropolitan commuter transportation mobility tax (MCTMT) changes
Employers
- Beginning with the second quarter (4/1/12–6/30/12), if your payroll expense for the quarter:
- Is $312,500 or less, you’re not subject to the MCTMT for that quarter.
- Exceeds $312,500, use the appropriate rate shown below.
| Payroll expense | MCTMT Rate |
| Over $312,500 but not over $375,000 | .11% (.0011) |
| Over $375,000 but not over $437,500 | .23% (.0023) |
| Over $437,500 | .34% (.0034) |
- Note: The payroll expense threshold for the first quarter remains $2,500 and the rate remains .34%. If your payroll expense exceeds $2,500 for January 1, 2012, through March 31, 2012, you’re subject to the MCTMT and must file a first quarter return due April 30, 2012.
- The definition of an employer now excludes additional educational institutions beginning with the second quarter. For additional information, see TSB-M-12(1)MCTMT, Legislative Amendments to the Metropolitan Commuter Transportation Mobility Tax.
Professional Employer Organization (PEOs)
- Beginning with the second quarter (04/01/12-06/30/12), a PEO will calculate its total MCTMT due based separately on the payroll expense of each of its clients and its own payroll expense.
- Information on how to file and pay your MCTMT.
Self-employed individuals (including partners and members)
- For tax years beginning on or after January 1, 2012, you’re not subject to the MCTMT if your net earnings from self-employment allocated to the MCTD are $50,000 or less for the tax year. (The threshold has increased from $10,000 to $50,000.)
- Note: You’re still required to file your annual return for tax year 2011 on April 30, 2012, if your net earnings exceeded $10,000 in 2011.
