Author Topic: New Tax Code (Read 1950 times)

AbrahamG · « **on:** February 14, 2018, 11:05:10 PM »

I get paid bi-weekly. This week I had $30 more in taxable wages than two weeks ago. Yet I paid $50 more in federal taxes. That doesn't add up. Could the govt shutdown have had anything to do with this? I had literally 3/4 of one hour more pay on this check than last and ended up bringing home $26 less. Certainly 3/4 hour of OT couldn't have skyrocketed me into another tax bracket. Can anyone shed some light on the situation?

Soul Crusher · « **Reply #1 on:** February 15, 2018, 04:20:01 AM »

Quote from: AbrahamG on February 14, 2018, 11:05:10 PM

I get paid bi-weekly. This week I had $30 more in taxable wages than two weeks ago. Yet I paid $50 more in federal taxes. That doesn't add up. Could the govt shutdown have had anything to do with this? I had literally 3/4 of one hour more pay on this check than last and ended up bringing home $26 less. Certainly 3/4 hour of OT couldn't have skyrocketed me into another tax bracket. Can anyone shed some light on the situation?

Call your payroll clerk or HR

AbrahamG · « **Reply #2 on:** February 15, 2018, 04:54:21 PM »

Quote from: Soul Crusher on February 15, 2018, 04:20:01 AM

Call your payroll clerk or HR

Waiting to hear back from them. Although they are essentially useless.

Agnostic007 · « **Reply #3 on:** February 15, 2018, 07:04:31 PM »

Everyone post their increased take home pay here....

Mine... no difference

AbrahamG · « **Reply #4 on:** February 15, 2018, 11:01:03 PM »

Turns out on the check two weeks ago, they owed me from the previous check. They didn't have the new tax code in place in accounting.

Coach is Back! · « **Reply #5 on:** February 16, 2018, 12:13:23 AM »

Quote from: Agnostic007 on February 15, 2018, 07:04:31 PM

Everyone post their increased take home pay here....

Mine... no difference

You said you were retired

loco · « **Reply #6 on:** February 16, 2018, 03:05:57 AM »

Quote from: Agnostic007 on February 15, 2018, 07:04:31 PM

Everyone post their increased take home pay here....

Mine... no difference

How would you even know?

Quote from: AbrahamG on February 15, 2018, 04:54:21 PM

Waiting to hear back from them. Although they are essentially useless.

Quote from: AbrahamG on February 15, 2018, 11:01:03 PM

Turns out on the check two weeks ago, they owed me from the previous check. They didn't have the new tax code in place in accounting.

calfzilla · « **Reply #7 on:** February 17, 2018, 07:27:55 PM »

Quote from: Coach is Back! on February 16, 2018, 12:13:23 AM

You said you were retired

He obviously forgot.

Agnostic007 · « **Reply #8 on:** February 17, 2018, 10:15:54 PM »

Quote from: Coach is Back! on February 16, 2018, 12:13:23 AM

You said you were retired

so, you guys think taxes aren't taken out of your retirement?

Coach is Back! · « **Reply #9 on:** February 17, 2018, 10:49:24 PM »

Quote from: Agnostic007 on February 17, 2018, 10:15:54 PM

so, you guys think taxes aren't taken out of your retirement?

Take home pay isn’t usually associated with retirement. I’m becoming suspect of your personal story. How did you take your retirement payment(s)?

Besides, most cops are usually right or right of center especially since obama and the obama administration shit on law enforcement. You’re borderline extreme left. All the cops I know (I know quite a few) support Trump because he backs the military and law enforcement

Agnostic007 · « **Reply #10 on:** February 17, 2018, 10:57:41 PM »

Quote from: Coach is Back! on February 17, 2018, 10:49:24 PM

Take home pay isn’t usually associated with retirement. I’m becoming suspect of your personal story. How did you take your retirement payment(s)?

Besides, most cops are usually right or right of center especially since obama and the obama administration shit on law enforcement. You’re borderline extreme left. All the cops I know (I know quite a few) support Trump because he backs the military and law enforcement

Hmmm. Take home pay isn't usually associated with retirement payments... how do you figure that works? I paid 28K in taxes on my retirement pay... did you think it was non taxable?

I wasn't a fan of Obama shitting on L.E. I'm not a fan of lying. Hope you can see where Trump might run afoul of the second part.

Agnostic007 · « **Reply #11 on:** February 17, 2018, 10:59:38 PM »

Quote from: Coach is Back! on February 17, 2018, 10:49:24 PM

Take home pay isn’t usually associated with retirement. I’m becoming suspect of your personal story. How did you take your retirement payment(s)?

Besides, most cops are usually right or right of center especially since obama and the obama administration shit on law enforcement. You’re borderline extreme left. All the cops I know (I know quite a few) support Trump because he backs the military and law enforcement

Flynn

Agnostic007 · « **Reply #12 on:** February 17, 2018, 11:00:47 PM »

Quote from: Coach is Back! on February 17, 2018, 10:49:24 PM

Take home pay isn’t usually associated with retirement. I’m becoming suspect of your personal story. How did you take your retirement payment(s)?

Besides, most cops are usually right or right of center especially since obama and the obama administration shit on law enforcement. You’re borderline extreme left. All the cops I know (I know quite a few) support Trump because he backs the military and law enforcement

Based on the coaches I know, no doubt you are a coach

Coach is Back! · « **Reply #13 on:** February 17, 2018, 11:01:17 PM »

Quote from: Agnostic007 on February 17, 2018, 10:57:41 PM

Hmmm. Take home pay isn't usually associated with retirement payments... how do you figure that works? I paid 28K in taxes on my retirement pay... did you think it was non taxable?

I wasn't a fan of Obama shitting on L.E. I'm not a fan of lying. Hope you can see where Trump might run afoul of the second part.

So you took the lump sum on your retirement day. Are you still getting taxed? Based on your “take home” pay?

Coach is Back! · « **Reply #14 on:** February 17, 2018, 11:01:53 PM »

Quote from: Agnostic007 on February 17, 2018, 11:00:47 PM

Based on the coaches I know, no doubt you are a coach

The difference is I can prove it

Agnostic007 · « **Reply #15 on:** February 17, 2018, 11:07:50 PM »

Quote from: Coach is Back! on February 17, 2018, 11:01:53 PM

The difference is I can prove it

I think you are mistaken. I can prove I am a retired police officer.. what are you willing to wager?

Agnostic007 · « **Reply #16 on:** February 17, 2018, 11:09:48 PM »

Quote from: Coach is Back! on February 17, 2018, 11:01:17 PM

So you took the lump sum on your retirement day. Are you still getting taxed? Based on your “take home” pay?

I have an annuity. I get a monthly pension based on the annuity. It is taxable. I just did my taxes today. I didn't take a lump sum on my retirement day, I took a payment that will go until the day I die.

Agnostic007 · « **Reply #17 on:** February 17, 2018, 11:11:25 PM »

You are on thin ice, just letting you know. I don't have any other account than this one. I am who I represent myself to be. I think people with multiple accounts should probably seek help.