North Shore-LIJ Health System, Inc. - Medical Resident FICA Refund Claim
October 15, 2013
We are pleased to announce that refunds have been processed for all those employees
who submitted timely consent forms, with the exception of Staten Island University
Hospital (still pending refunds from the IRS). Please review chart for information
on covered years and payments made.
Keep in mind that the interest the IRS is paying on these refunded taxes is taxable
in the year it is received, regardless of whether or not you receive a 1099-INT
from the system. If the interest you received totals $600.00 or more, the System
will file Form 1099-INT, Interest Income, with the IRS and provide a copy to you
in January 2014 for the tax year 2013.
Please be advised that although you were informed in a prior correspondence that
the Health System may seek refunds for FICA Taxes paid for services performed by
Medical Residents for periods after April 2005, the IRS has denied our claim because
of the Supreme Court decision in Mayo Foundation for Medical Education and Research
V. United States. Accordingly consistent with the Supreme Courtís Ruling, the Health
System will not seek any further refunds on behalf of Medical Residents, and no
additional payments will be paid based on Medical Residents FICA issue.