New Envoy Information
10-12-2016 | 11:32 AM
#5321
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Joined: May 2016
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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.
10-12-2016 | 11:38 AM
#5322
Gets Weekends Off
Joined: May 2016
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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.
10-12-2016 | 12:54 PM
#5324
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Joined: Sep 2015
Posts: 39
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From: ERJ 175, CA
10-12-2016 | 12:55 PM
#5325
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Joined: Mar 2014
Posts: 122
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10-12-2016 | 12:58 PM
#5326
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Joined: Feb 2006
Posts: 490
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Not necessarily. Super seniority generally means seniority you enjoy due to an unusual circumstance such as a base opening (or reopening) or new equipment. Over time, as more folks senior to you bid in to your status, things level out and the artificially high seniority you enjoyed may go away.
10-12-2016 | 03:47 PM
#5327
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Joined: Dec 2015
Posts: 687
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Not necessarily. Super seniority generally means seniority you enjoy due to an unusual circumstance such as a base opening (or reopening) or new equipment. Over time, as more folks senior to you bid in to your status, things level out and the artificially high seniority you enjoyed may go away.
On another note. I do think all bas es will be offered to new hires. Dallas 145 is losing 20 some to the vacancy. ORD 145 56. And CRJ 30 something. So there should be openings everywhere
10-12-2016 | 06:08 PM
#5329
Gets Weekends Off
Joined: Mar 2014
Posts: 4,153
Likes: 341
Not sure why this keeps coming up but I'll try to simplify.
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.
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.
10-12-2016 | 07:48 PM
#5330
Line Holder
Joined: Nov 2015
Posts: 83
Likes: 0
From: CA
Quick question for you all:
I interview on 10/21 (a Friday) and will require completion of my ATP-CTP prior to ground school. Is it safe to assume that I won't receive a ground school date until some time in January?
I would love a DFW base (since I live in North Houston) but hate the idea of having a longer upgrade time if I choose the 175 over the 145 or the CRJ. This would be my first 121 job so I don't know how bad commuting to ORD or LGA will really be. I'm a glutton for punishment and likely won't complain about it too much, but QOL is at least slightly important to me.
I guess my question is this: if given a choice between the 175 DFW vs 145 ORD or LGA, does it still make the most sense to go for the 145 and bid DFW when I can get it?
I interview on 10/21 (a Friday) and will require completion of my ATP-CTP prior to ground school. Is it safe to assume that I won't receive a ground school date until some time in January?
I would love a DFW base (since I live in North Houston) but hate the idea of having a longer upgrade time if I choose the 175 over the 145 or the CRJ. This would be my first 121 job so I don't know how bad commuting to ORD or LGA will really be. I'm a glutton for punishment and likely won't complain about it too much, but QOL is at least slightly important to me.
I guess my question is this: if given a choice between the 175 DFW vs 145 ORD or LGA, does it still make the most sense to go for the 145 and bid DFW when I can get it?
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