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re: Raise and New Taxes--Net Pay Question
Posted on 1/31/13 at 12:31 pm to C
Posted on 1/31/13 at 12:31 pm to C
quote:
Remember SS kicked back up this year so you are paying up to $260 more in that. So that gets you to $426.
There was a 2% increase in SS taxes for 2013 but for the average individual making $50K this should translate into less than $100 per month in additional taxation. If you are markedly higher than $50K this could be your explanation.
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