Originally Posted by
Ravenwing
Don’t they take Social Security and Medicare out of bonuses in addition to Federal tax? You can recoup the Federal on your next tax return but I doubt you would get the Medicare and Social Security back, so you end up paying back more than you receive.
Yeah but less than a year ago they were handing out furloughs. Cash in hand now always beats they chance of having to pay it back. if I'm not here and do have to pay it back, I'll be at a better place and the loss to ss/mc will be a nuisance not a major burden.