New Envoy Information
#5241
Gets Weekends Off
Joined APC: Oct 2014
Position: Noob
Posts: 184
It's not a flying job. It's slinging a fuel hose at the airport so the down time is pretty much a guarantee.
#5243
Gets Weekends Off
Joined APC: Dec 2015
Posts: 687
It depends on the state you live in and such. However my 2500 quarterly bonus ends up around 1550 so a 20k bonus for me would be 12500 if then percentage stays the same. I'd expect to get a lot back come tax season though.
#5244
My 15k NH bonus was just over 11k in the bank. My $2500 quarterly last month was 1750 in the bank. Single in TX with minimum exemptions.
#5245
Line Holder
Joined APC: Apr 2016
Posts: 37
Ok. I will be living in MN and their state income tax is about 7% so I guess I just add that to the federal income tax taken out?
#5246
Gets Weekends Off
Joined APC: Jul 2015
Posts: 667
L.A. Is not even on the radar right now(or should it be, we do 0 flying there). LGA just opened. And the last letter from union, said maybe Miami by the end of next year.
#5247
Gets Weekends Off
Joined APC: Mar 2014
Posts: 3,097
Bonuses are taxed at the rate of 25%. For income above $37k (single filer) that is what it is taxed at anyway. For income below that it's taxed at 15%. So it's possible come tax time you might get a little more back when you file.
Example, you earn $25,000 in wages plus that $20k bonus.
The first $9200 is taxed at 10%, then from $9200-$37,000 it's taxed at 15%. Above that it's taxed at 25%. So you'd only pay the 25% tax on $8000. You'd pay 15% tax on $12,000.
This is all federal. State might be a little different as far as the brackets go.
Example, you earn $25,000 in wages plus that $20k bonus.
The first $9200 is taxed at 10%, then from $9200-$37,000 it's taxed at 15%. Above that it's taxed at 25%. So you'd only pay the 25% tax on $8000. You'd pay 15% tax on $12,000.
This is all federal. State might be a little different as far as the brackets go.
#5248
Gets Weekends Off
Joined APC: Mar 2013
Position: 737 FO
Posts: 269
IF LAX re opens as a base for Envoy I would guess that it would be for the 175. Compass currently is doing flying for AA in planes that are owned by AA. Those 20 hills could easily be transferred to Envoy. I mean hell those 20 were slated for Envoy originally. But this is just a guess. You can count on whatever aircraft you get, something else will go to LA.
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#5249
Gets Weekends Off
Joined APC: May 2016
Posts: 1,609
Bonuses are taxed at the rate of 25%. For income above $37k (single filer) that is what it is taxed at anyway. For income below that it's taxed at 15%. So it's possible come tax time you might get a little more back when you file.
Example, you earn $25,000 in wages plus that $20k bonus.
The first $9200 is taxed at 10%, then from $9200-$37,000 it's taxed at 15%. Above that it's taxed at 25%. So you'd only pay the 25% tax on $8000. You'd pay 15% tax on $12,000.
This is all federal. State might be a little different as far as the brackets go.
Example, you earn $25,000 in wages plus that $20k bonus.
The first $9200 is taxed at 10%, then from $9200-$37,000 it's taxed at 15%. Above that it's taxed at 25%. So you'd only pay the 25% tax on $8000. You'd pay 15% tax on $12,000.
This is all federal. State might be a little different as far as the brackets go.
Two words- "withholding" and "taxes"
Taxes are paid based on a percentage of income.
Money is "withheld" each pay check to pay taxes. How much is taken out is determined by how someone files a w-4.
Bonus money may be withheld at a higher rate but it is not taxed at a special bonus tax rate. When you get you w-2s there won't be a box that says 20k "bonus" money. It is included in your taxable income box.
#5250
Gets Weekends Off
Joined APC: May 2016
Posts: 1,609
You can ask ten different people and they will all give you different numbers. The amount taken out is based on your w-4 you fill out. 2500 dollar bonuses are withheld at about 500-1000 dollars. So one would expect to see 1500 - 2000 dollars in the bank.
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