Bonus Tax Question

Reply Subscribe

Page 2 of 3

Thread Tools

Search this Thread

06-23-2018 | 04:48 PM

#11

MaCrOs

Line Holder

Joined: Jun 2015

Posts: 360

Likes: 0

Quote:

Originally Posted by BrewCity

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.

06-23-2018 | 04:56 PM

#12

minivan

Line Holder

Joined: Jun 2017

Posts: 59

Likes: 0

Quote:

Originally Posted by MaCrOs

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.

06-23-2018 | 05:05 PM

#13

Swakid8

Gets Weekends Off

Joined: Apr 2015

Posts: 2,928

Likes: 97

Quote:

Originally Posted by minivan

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.

06-23-2018 | 05:17 PM

#14

minivan

Line Holder

Joined: Jun 2017

Posts: 59

Likes: 0

Quote:

Originally Posted by Swakid8

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!

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.

06-23-2018 | 09:03 PM

#15

Swakid8

Gets Weekends Off

Joined: Apr 2015

Posts: 2,928

Likes: 97

Quote:

Originally Posted by minivan

Dayton doesn't get my money any more!

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?

Sent from my iPhone using Tapatalk

06-23-2018 | 10:16 PM

#16

bh5311

New Hire

Joined: Jun 2018

Posts: 7

Likes: 0

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?

06-24-2018 | 05:10 AM

#17

WhiteMorpheus

Gets Weekends Off

Joined: Mar 2017

Posts: 566

Likes: 0

Quote:

Originally Posted by KYhawkdriver

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.

06-24-2018 | 05:11 AM

#18

minivan

Line Holder

Joined: Jun 2017

Posts: 59

Likes: 0

Quote:

Originally Posted by Swakid8

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

Sent from my iPhone using Tapatalk

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.