Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
My new job came with a 10k sign on bonus and I just got the first half 3 months in. I have to pay the whole thing back if I leave within 2 years. I was planning on keeping all of it in high yield savings in case I need to slap it back down on the table and run, and best case scenario at the end I have a house downpayment.
Y’all. I got taxed more on this check than I made in working hours. I got the 5k bonus and 3k of working hours. I paid over 3k in taxes and didn’t even net 5k this check. It was 4900 something.
I understand that I’m not “poor” anymore but I’m still paycheck to paycheck (I wound up just paying off some credit card debt; I’ll get a loan if I need to run). More importantly I have a real job. I’m not some marketing desk jockey or a landlord or an MLM “entrepreneur,” I’m an inpatient bedside nurse. I don’t want to sound full of myself but how does Jeff Bezos not pay any taxes and I’m over here paying 37%???
My new job came with a 10k sign on bonus and I just got the first half 3 months in. I have to pay the whole thing back if I leave within 2 years. I was planning on keeping all of it in high yield savings in case I need to slap it back down on the table and run, and best case scenario at the end I have a house downpayment.
Y’all. I got taxed more on this check than I made in working hours. I got the 5k bonus and 3k of working hours. I paid over 3k in taxes and didn’t even net 5k this check. It was 4900 something.
I understand that I’m not “poor” anymore but I’m still paycheck to paycheck (I wound up just paying off some credit card debt; I’ll get a loan if I need to run). More importantly I have a real job. I’m not some marketing desk jockey or a landlord or an MLM “entrepreneur,” I’m an inpatient bedside nurse. I don’t want to sound full of myself but how does Jeff Bezos not pay any taxes and I’m over here paying 37%???
You will definitely get a lot back. They tax it like you make $8k every month.
Taxes are usually taken out using the monthly amount like a yearly amount. You’ll probably get a lot of it back when you pay taxes for the year.
You should reduce your tax amount that your company is paying for you to the IRS. You can calculate it yourself and tell your company to modify it.
I would check with your local laws but it’s very rare those kinds of policy are enforceable. If you need to pay them 5k to quit, it’s akin to slavery.