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Payroll error in my favor question
Posted on 1/31/11 at 5:14 pm
Posted on 1/31/11 at 5:14 pm
So I noticed on my paycheck Friday that I was grossly overpaid(like it was twice the amount). I did the right thing and reported it this am to payroll. I am waiting to hear back from them about how they are gonna reclaim their money back(they are gone for the day but mentioned taking it back the next two paychecks when I briefly spoke with them this am). Here is my question...because my check was such a large check, they took out much more in taxes and retirement(obviously). So, if they were to take back the total gross amount, it basically leaves me as if I was only paid $500 Friday. Can they take back the gross amount...even though I already paid taxes on it?
I'm stressing out cause I'm beginning to feel that I'm gonna get screwed for doing the right thing. Any of you money masters of the OT have any experience with this?
I'm stressing out cause I'm beginning to feel that I'm gonna get screwed for doing the right thing. Any of you money masters of the OT have any experience with this?
This post was edited on 1/31/11 at 5:15 pm
Posted on 1/31/11 at 5:25 pm to lsunurse
quote:
I'm stressing out cause I'm beginning to feel that I'm gonna get screwed for doing the right thing. Any of you money masters of the OT have any experience with this?
Yes, and you should call them again (if they don't call you first) and ask them how they plan to "unravel it"....
That way you have an opportunity to understand "how they will do it", and voice any objection to their plan (if it "screws you"). And don't be afraid to escalate it to their supervisor if you feel their plan is too punitive.
This post was edited on 1/31/11 at 5:29 pm
Posted on 1/31/11 at 5:25 pm to lsunurse
They will adjust your taxes according, if they did not, it would be against the law.
Posted on 1/31/11 at 5:25 pm to lsunurse
Could they just not withhold taxes on your next income of equal amount?
Posted on 1/31/11 at 7:12 pm to lsunurse
Sounds like the payroll manager didn't preview their payroll before submitting it.
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