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Income Tax (Fed Withholding) Question
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Thread created 11-04-2011 by SlickDilla
0 Score 3 Replies 847 Views
Post #44397632 added 11-04-2011 9:41 AM by icbeck in Archived Deals
First period your income after pre-tax deductions was $1877.14. Second period it was $2277.96 so you had $400.82 more in taxable income. If you are in the 25% tax bracket, $100 extra in federal...
Income Tax (Fed Withholding) Question
Expired
Thread created 11-04-2011 by SlickDilla
0 Score 3 Replies 847 Views
Post #44394394 added 11-04-2011 8:07 AM by tennis8363 in Archived Deals
Try this site: http://www.paycheckcity.com/calculator/hourly/us/alabama/hourlycalculator.html I work in HR and refer people here all of the time. Though a bit old, this article helps too:...
Income Tax (Fed Withholding) Question
Expired
Thread created 11-04-2011 by SlickDilla
0 Score 3 Replies 847 Views
Post #44397562 added 11-04-2011 9:39 AM by acesmuzic in Archived Deals
It makes sense because it's not just the $300 extra you earned but also the reduction in pre-tax deductions (since you reduced your 401K contribution). Thus your taxable income is higher. That's why...
Income Tax (Fed Withholding) Question
Expired
Thread created 11-04-2011 by SlickDilla
0 Score 3 Replies 847 Views
Post #44394072 added 11-04-2011 7:53 AM by SlickDilla in Archived Deals
thanks all for help/comments

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