*headdesk*

May. 6th, 2008 09:35 am
[personal profile] 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?

Date: 2008-05-08 04:37 am (UTC)
From: [identity profile] 00goddess.livejournal.com
The Tax Professional says: see what happens next month, because it should not be different.

Did you get two paychecks last month, or one? If you got one, they could have switched in the middle of the month, so your withholding would have been pro-rated. If you got two, then you need to talk to the payroll department because someone screwed up.

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