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Disinformation Purveyor :verified_think: (thatguyoverthere@shitposter.club)'s status on Tuesday, 25-Apr-2023 05:59:18 JST Disinformation Purveyor :verified_think: tfw a raise pushes you into a new tax bracket so you take home less money -
TinyHouse4Life (tinyhouse4life@noagendasocial.com)'s status on Tuesday, 25-Apr-2023 06:04:41 JST TinyHouse4Life @thatguyoverthere
My boss has been trying to give me a raise for 3 years. I keep saying no for this exact reason.Disinformation Purveyor :verified_think: likes this. -
Disinformation Purveyor :verified_think: (thatguyoverthere@shitposter.club)'s status on Tuesday, 25-Apr-2023 06:04:41 JST Disinformation Purveyor :verified_think: @TinyHouse4Life I received a meager update that luckily doesn't, but it sucks when it does. I have some space until I hit the next one, and the company is doing pretty small increments so it's going to be a while hahah -
Santa Noodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 25-Apr-2023 06:07:20 JST Santa Noodle ☦️ @thatguyoverthere There was a change under Trump's tax reform where OT and bonuses wouldn't get taxed as if you earned that much money every pay period. I believe Biden rolled that back along with making a change to W-4 filings so that it's much harder for normal people to set there taxes close to net zero excess withholding. Not sure if that's an avenue you can explore. -
Disinformation Purveyor :verified_think: (thatguyoverthere@shitposter.club)'s status on Tuesday, 25-Apr-2023 06:07:20 JST Disinformation Purveyor :verified_think: @BowsacNoodle luckily the pittance they call a raise isn't enough to have such an effect [this time]. -
Nick (nou@poa.st)'s status on Tuesday, 25-Apr-2023 06:07:54 JST Nick @thatguyoverthere Yeah, last job change ended up being a 20% raise for me, and I was horrified to see the bump in withholding... Disinformation Purveyor :verified_think: likes this. -
Santa Noodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 25-Apr-2023 06:08:48 JST Santa Noodle ☦️ @TinyHouse4Life @thatguyoverthere Never turn down a raise. Taxes are progressive even though recent changes to automatic payroll deductions make us think otherwise. You'll get it back at tax filing time or you can adjust withholdings to get more take home. Of course this is not tax advice and should be treated as entertainment only. Consult with your tax professional for this. Disinformation Purveyor :verified_think: likes this. -
TinyHouse4Life (tinyhouse4life@noagendasocial.com)'s status on Tuesday, 25-Apr-2023 06:14:46 JST TinyHouse4Life @BowsacNoodle @thatguyoverthere
I am the tax professional. If he wants to give me money he should give it to me as a gift.Disinformation Purveyor :verified_think: likes this. -
Santa Noodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 25-Apr-2023 06:15:22 JST Santa Noodle ☦️ @Nou @TinyHouse4Life @thatguyoverthere True. It's complete garbage though. I heard a story of a fictional person who claimed '7' on the old exemptions form prior to a bonus and the withholding was adjusted. Said fictional character still got a sizeable refund using standard deduction even after leaving their withholding at "7" for the rest of the year by accident. -
Nick (nou@poa.st)'s status on Tuesday, 25-Apr-2023 06:15:22 JST Nick @BowsacNoodle @TinyHouse4Life @thatguyoverthere Sure.
But not everything illegal gets prosecuted, obviously. And as long as you're still overpaying the IRS *probably* won't come after you. But there's the potential. Especially if you happen to be on a site famous for wrongthink... -
Disinformation Purveyor :verified_think: (thatguyoverthere@shitposter.club)'s status on Tuesday, 25-Apr-2023 06:15:22 JST Disinformation Purveyor :verified_think: @Nou @TinyHouse4Life @BowsacNoodle I hate the antichrist -
Nick (nou@poa.st)'s status on Tuesday, 25-Apr-2023 06:15:23 JST Nick @BowsacNoodle @TinyHouse4Life @thatguyoverthere Not that I oppose doing this, but you're in legally grey territory there. -
Disinformation Purveyor :verified_think: (thatguyoverthere@shitposter.club)'s status on Tuesday, 25-Apr-2023 06:17:06 JST Disinformation Purveyor :verified_think: @BowsacNoodle @TinyHouse4Life @Nou I follow all laws and never question the government -
Santa Noodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 25-Apr-2023 06:17:07 JST Santa Noodle ☦️ @Nou @TinyHouse4Life @thatguyoverthere Luckily I would never do such a thing and I have always consulted with my tax professional for any tax or withholding related questions. But your advice is very wise. -
Nick (nou@poa.st)'s status on Tuesday, 25-Apr-2023 06:24:10 JST Nick @BowsacNoodle @TinyHouse4Life @thatguyoverthere Oh, of course.
It's all those fictional characters. Like I tell all 11 of my dependant children, you've got to keep an eye out for fictional characters.Disinformation Purveyor :verified_think: likes this.
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