Any "Latest & Greatest" about Endeavor?
02-13-2016, 03:11 AM
#2971
Gets Weekends Off
Joined APC: Oct 2013
Posts: 288
Originally Posted by moonfreak
What kind of travel bennies can one expect at 9E?
02-13-2016, 04:33 AM
#2973
Gets Weekends Off
Joined APC: May 2010
Posts: 310
This isn't difficult...
Single
Taxable Income Tax Rate
$0—$9,275 10%
$9,276—$37,650 $927.50 plus 15% of the amount over $9,275
$37,651—$91,150 $5,183.75 plus 25% of the amount over $37,650
$91,151—$190,150 $18,558.75 plus 28% of the amount over $91,150
$190,151—$ 413,350 $46,278.75 plus 33% of the amount over $190,150
$413,351—$415,050 $119,934.75 plus 35% of the amount over $413,350
$415,051 or more $120,529.75 plus 39.6% of the amount over $415,050
Every single FO is paying the bonus where their income says they should be. This is what happens when you make money. You pay more than you are used to.
Single
Taxable Income Tax Rate
$0—$9,275 10%
$9,276—$37,650 $927.50 plus 15% of the amount over $9,275
$37,651—$91,150 $5,183.75 plus 25% of the amount over $37,650
$91,151—$190,150 $18,558.75 plus 28% of the amount over $91,150
$190,151—$ 413,350 $46,278.75 plus 33% of the amount over $190,150
$413,351—$415,050 $119,934.75 plus 35% of the amount over $413,350
$415,051 or more $120,529.75 plus 39.6% of the amount over $415,050
Every single FO is paying the bonus where their income says they should be. This is what happens when you make money. You pay more than you are used to.
02-13-2016, 05:49 AM
#2974
Banned
Joined APC: Sep 2015
Posts: 519
Are you asking me out on a date? 
No, far from rich. I wish. Then I could just share my wealth with you, and we could both skip the rocky regional lifestyle altogether. I just don't take well to some keyboard warrior trying to tell me I am stupid. But looking back at it, I regret that I engaged him. Should have just kept my fingers shut and not sullied up this great thread.
No, far from rich. I wish. Then I could just share my wealth with you, and we could both skip the rocky regional lifestyle altogether. I just don't take well to some keyboard warrior trying to tell me I am stupid. But looking back at it, I regret that I engaged him. Should have just kept my fingers shut and not sullied up this great thread.
Originally Posted by Imapilot2
Wow you sound rich, very impressive but you left out how long it was.
Last edited by BobJenkins; 02-13-2016 at 06:04 AM.
02-13-2016, 07:53 AM
#2975
Gets Weekends Off
Joined APC: Dec 2013
Posts: 2,236
Originally Posted by BobJenkins
Are you asking me out on a date?
No, far from rich. I wish. Then I could just share my wealth with you, and we could both skip the rocky regional lifestyle altogether. I just don't take well to some keyboard warrior trying to tell me I am stupid. But looking back at it, I regret that I engaged him. Should have just kept my fingers shut and not sullied up this great thread.
No, far from rich. I wish. Then I could just share my wealth with you, and we could both skip the rocky regional lifestyle altogether. I just don't take well to some keyboard warrior trying to tell me I am stupid. But looking back at it, I regret that I engaged him. Should have just kept my fingers shut and not sullied up this great thread.
02-13-2016, 04:28 PM
#2977
Banned
Joined APC: Sep 2015
Posts: 519
"Simple" depends on whether the company uses the percentage method or the aggregate method for computing the tax on the bonus amount. Typically, the aggregate method means you pay more taxes at the time of the payout (adds your bonus to your income), whereas the percentage method taxes the bonus at a flat rate of 25%. The percentage method doesn't take into account the tax brackets you listed (even if you are making over $200,000, your bonus would be taxed at 25% not 33%), those brackets are for normal income.
Originally Posted by PapaMike
This isn't difficult...
Every single FO is paying the bonus where their income says they should be. This is what happens when you make money. You pay more than you are used to.
Every single FO is paying the bonus where their income says they should be. This is what happens when you make money. You pay more than you are used to.
02-13-2016, 04:48 PM
#2978
Property of Scheduling
Joined APC: Sep 2006
Position: Bus driver
Posts: 2,524
Originally Posted by BobJenkins
"Simple" depends on whether the company uses the percentage method or the aggregate method for computing the tax on the bonus amount. Typically, the aggregate method means you pay more taxes at the time of the payout (adds your bonus to your income), whereas the percentage method taxes the bonus at a flat rate of 25%. The percentage method doesn't take into account the tax brackets you listed (even if you are making over $200,000, your bonus would be taxed at 25% not 33%), those brackets are for normal income.
Bob, I understand your concern with the withholdings, but this goes back to many "bonus" type payments over the last 10 years (that I am aware of, in certain cases very involved with). For what you are talking about in your personal situation, you may just need to do 0 withholdings. My wife and I both have ours at 0 and we still owe out of pocket for 2015. It's just how it works depending on your circumstances, plan accordingly. In the end, you will owe taxes based on income, less deductions, in accordance with the tax code.
02-13-2016, 06:29 PM
#2979
Line Holder
Joined APC: Mar 2015
Posts: 51
I've got a question about reserve. Let's say I only fly 40 hours. I'm guaranteed to be paid for 75 hours. If I pick up 10 hours of open time (which is paid at 150%) will that 10 hours be on top of the guaranteed 75 hours or will it just add to the 40 I already flew as if I picked it up for free? I hope I explained this correctly.
By the way I start class 11 April, I can't wait.
By the way I start class 11 April, I can't wait.
02-13-2016, 06:34 PM
#2980
Gets Weekends Off
Joined APC: Oct 2015
Position: Inverted
Posts: 402
Originally Posted by tmckeon79
I've got a question about reserve. Let's say I only fly 40 hours. I'm guaranteed to be paid for 75 hours. If I pick up 10 hours of open time (which is paid at 150%) will that 10 hours be on top of the guaranteed 75 hours or will it just add to the 40 I already flew as if I picked it up for free? I hope I explained this correctly.
By the way I start class 11 April, I can't wait.
By the way I start class 11 April, I can't wait.
I know nothing, but I have to imagine it pays on top of that. You can't pick that time up while you're on reserve, so you're giving up your off days to pick up that 150% time
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