- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Well I just noticed on my online banking / payroll tax increase
Posted on 1/11/13 at 3:54 pm to TIGRLEE
Posted on 1/11/13 at 3:54 pm to TIGRLEE
quote:
payroll tax increase, 6k less a year in our pockets.
The payroll tax went up 2%, but isn't SS tax capped at around 110K?
So even if both you and your wife make over 110K individually, your tax increase couldn't be over $4500 for the year, right?
3
Posted on 1/11/13 at 3:57 pm to TigerintheNO
quote:
The payroll tax went up 2%, but isn't SS tax capped at around 110K?
So even if both you and your wife make over 110K individually, your tax increase couldn't be over $4500 for the year, right?
There is so much hidden shite in the tax code. You guys have been lied to time and fricking time again and you just parrot the stuff NBC and CNN wants you to hear about their savior Obama.
They are capping deductions too. My taxes went up 20 fricking percent in combined additional taxes and capped deductions.
Posted on 1/11/13 at 4:16 pm to TigerintheNO
quote:
The payroll tax went up 2%, but isn't SS tax capped at around 110K? So even if both you and your wife make over 110K individually, your tax increase couldn't be over $4500 for the year, right?
The cap went up to $113,700 and the withholding went up from 4.2% to 6.2%. The max you pay into SS increased to $7,049.40, a jump of $2,425.20.
Posted on 1/11/13 at 7:51 pm to TigerintheNO
quote:
The payroll tax went up 2%,
It went from 4.2 to 6.2 which is a 47% increase.
Don't let the fact that the "unit of measure" is % fool you. It went up 47%
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News