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re: Tax Returns

Posted on 2/4/15 at 5:44 pm to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 2/4/15 at 5:44 pm to
When you started working for the TN based bank did you fill out a W-4 that took into account your year to date earnings and withholding, or did you just fill out a W-4 with a fixed number of withholding allowances that assumes you were not working previously in 2014? If you did the latter, then the TN bank withheld assuming you had zero year to date income and withholding instead of taking into account your year to date income and withholding from the NC based bank. Some of your income that should have been subject to withholding at 25% was subjected to withholding at lower rates.
Posted by jmtigers
1826.71 miles from USC
Member since Sep 2003
4973 posts
Posted on 2/5/15 at 7:08 am to
quote:

Poodlebrain



Thanks i had this same situation.
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