*headdesk*

[rm]

I used to get paid twice a month and my takehome was a consistent amount.

We switched to once monthly, and I figured it would be doubled, but no, there was an extra $250 tax hit.

Do I change my withholding or will this sort itself out when I don't get paid again for a month?

Comments

[rm.livejournal.com]

I used to get paid twice a month.
Now I get one paycheck for the whole month.
Now my tax hit is $250 more than the tax hit when I added the tax hit on the two checks (back when it was twice a month) together.
I am making the exact same amount of money, so I don't understand why the total tax hit is so much more.

[rosepurr.livejournal.com]

Yeah, that doesn't make any sense.

If you were getting paid bi-weekly, it could be because of the extra two pay periods. It may be because of the shift, this first month added a few extra days from the end of last month to your taxable income, or something like that. I'd wait until you get one more paycheck to make sure that it isn't anything like that, and then I'd either talk to your accountant or to your HR department and make sure that there wasn't a mistake.