On my pay stub what is the mcttax

Not Legal Advice: MCT tax on your pay stub is most probably the metropolitan commuter transportation mobility tax (MCTMT).

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).

The MCTD includes the counties of New York (Manhattan), Bronx, Kings (Brooklyn), Queens, Richmond (Staten Island), Rockland, Nassau, Suffolk, Orange, Putnam, Dutchess, and Westchester.

The maximum rate that will be charged is 0.34%. Learn more about MCTMT including how it's calculated at Justworks.com.

Most workers receive their paychecks twice a month — and while it’s all-too-easy to simply have those paychecks put into your bank account through direct-deposit, it’s important to understand the numbers and codes that are appearing on your pay stubs. If you don’t, you might be accidentally losing money.

Here are some tips on how to read your pay stub shared by Credit.com.

Tag: mobility 
Tuesday, January 10 2017
Source: https://www.tax.ny.gov/bus/mctmt/