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re: “I’ll probably put my $1200 stimulus check in saving”
Posted on 4/14/20 at 8:23 am to Epic Cajun
Posted on 4/14/20 at 8:23 am to Epic Cajun
Well if that's the case, why did I end up owing $942 with well over 500 hours of OT last year? I get what you're saying and trust your knowledge on it, but it still feels like an underhanded screw job.
Posted on 4/14/20 at 8:29 am to RealityTiger
quote:
Well if that's the case, why did I end up owing $942 with well over 500 hours of OT last year? I get what you're saying and trust your knowledge on it, but it still feels like an underhanded screw job.
Some income is taxed at the maximum federal rate like bonuses.
At a previous job, I used to get about 30% of my income in quarterly bonuses and would get a big tax return back every year because it was taxed at 37% or the maximum federal rate.
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