*headdesk*
May. 6th, 2008 09:35 amI 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?
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?
no subject
Date: 2008-05-06 11:27 pm (UTC)If speaking with TPTB doesn't clarify this, I would go ahead and redo the number of withholding deductions so as to bring the amount withheld in line with what you owe on April 15.
Cheers...