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-   -   Bonus Tax Question (https://www.airlinepilotforums.com/psa-airlines/114562-bonus-tax-question.html)

MaCrOs 06-23-2018 04:48 PM


Originally Posted by BrewCity (Post 2620442)
Taxes are WITHHELD at a 25% tax rate. The actual tax you pay at the end of the year is based on your total income for the year.

Semantics... Yes that's correct but the meaning is the same.

minivan 06-23-2018 04:56 PM


Originally Posted by MaCrOs (Post 2620456)
Semantics... Yes that's correct but the meaning is the same.

I had much more than 25% withheld. Guess I'll make a phone call and see what's up.

Swakid8 06-23-2018 05:05 PM


Originally Posted by minivan (Post 2620463)
I had much more than 25% withheld. Guess I'll make a phone call and see what's up.

Its roughly that, do you pay state taxes as well? The state will get their share also. Don't forget City of Dayton got their share as well.

minivan 06-23-2018 05:17 PM


Originally Posted by Swakid8 (Post 2620468)
Its roughly that, do you pay state taxes as well? The state will get their share also. Don't forget City of Dayton got their share as well.

Dayton doesn't get my money any more! :p

All I know is: taxes suck.

If they withheld too much I'll get it back when I do my 2018 taxes. No problemo. I'm just not a huge fan of interest free lending to Uncle Sam.

Swakid8 06-23-2018 09:03 PM


Originally Posted by minivan (Post 2620473)
Dayton doesn't get my money any more! :p



All I know is: taxes suck.



If they withheld too much I'll get it back when I do my 2018 taxes. No problemo. I'm just not a huge fan of interest free lending to Uncle Sam.


When did you get them to stop taking those taxes, the city of Dayton that is? How did you go about stopping that?


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bh5311 06-23-2018 10:16 PM

For RTP do they pay you the bonus first and you pay taxes on it before using it at the flight school, or do they pay the school directly?

WhiteMorpheus 06-24-2018 05:10 AM


Originally Posted by KYhawkdriver (Post 2620063)
Does it come separately or with the normal pay on the 20th?

Last year we all got physical checks either handed to us, or mailed to our home address. That may only apply to the RTP guys/gals since we received our bonus earlier than a normal hire.

minivan 06-24-2018 05:11 AM


Originally Posted by Swakid8 (Post 2620574)
When did you get them to stop taking those taxes, the city of Dayton that is? How did you go about stopping that?


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It's a municipal tax that should only be paid while working in Dayton. Move on from Dayton and the Dayton taxes should stop. If not, I would make a call or email to get it stopped.

Swakid8 06-24-2018 05:12 AM

Bonus Tax Question
 
I am technically still Dayton based in July, but I haven't seen Dayton since April and I don't even live there.


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minivan 06-24-2018 05:19 AM


Originally Posted by Swakid8 (Post 2620662)
I am technically still Dayton based in July, but I haven't seen Dayton since April and I don't even live there.


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That explains it, but I would see if it could be changed.


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