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Old 04-05-2018 | 01:01 PM
  #11  
symbian simian's Avatar
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Originally Posted by Qotsaautopilot
Do you read your email? It’s coming April 20th as a separate check at the federal taxes will be 22%

Yes ALPA gets 1.95% but they did negotiate it for you and without them you’d have gotten nothing. A little perspective on the “grubby”
It will be withheld at 22%, I'm still not sure what it will be taxed at come April 2019. I have friends at SWA who owned a decent amount after getting withheld at the lower rate for their signing bonus. Wish a CPA could clarify.
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Old 04-05-2018 | 02:43 PM
  #12  
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Originally Posted by symbian simian
It will be withheld at 22%, I'm still not sure what it will be taxed at come April 2019. I have friends at SWA who owned a decent amount after getting withheld at the lower rate for their signing bonus. Wish a CPA could clarify.

This is what I thought was gonna be the case...22% gets withheld plus a nice surprise come tax time next year
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Old 04-05-2018 | 03:08 PM
  #13  
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Originally Posted by nkbux
This is what I thought was gonna be the case...22% gets withheld plus a nice surprise come tax time next year
Married taxpayers filling jointly for 2018 between 165k-315k pay 24%. Effective tax rate will be lower than that, so 22% should be fairly accurate for most married captains. Unless off course your combined incomes are a lot higher than 315k.
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Old 04-06-2018 | 08:46 AM
  #14  
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Think how much ALPA could have made if they took 1.95% of FULL RETRO!

We actually saved a ton of money here. Silver linings people...
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Old 04-06-2018 | 09:07 AM
  #15  
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Originally Posted by Ed Force One
Think how much ALPA could have made if they took 1.95% of FULL RETRO!

We actually saved a ton of money here. Silver linings people...
Full retro on United plus 1. Good thing they didn’t ask for that, their 1.95% would have been huge.
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Old 04-07-2018 | 07:00 PM
  #16  
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From: Office Chair
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Originally Posted by Qotsaautopilot
Do you read your email? It’s coming April 20th as a separate check at the federal taxes will be 22%

Yes ALPA gets 1.95% but they did negotiate it for you and without them you’d have gotten nothing. A little perspective on the “grubby”
But 1.95% is the industry-standard cut.
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Old 04-19-2018 | 10:39 AM
  #17  
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Got the bonus today.

Breakdown
22% FITW
1.95% union dues
1.45% Medicare
6.2% Social Security

You should be left with 68.4% of your bonus remaining assuming you didn't contribute up to 61% of it to your 401k
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Old 04-19-2018 | 10:57 AM
  #18  
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NJ took $7,000. FU NEW JERSEY
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Old 04-19-2018 | 10:58 AM
  #19  
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Originally Posted by bruhaha
Got the bonus today.

Breakdown
22% FITW
1.95% union dues
1.45% Medicare
6.2% Social Security

You should be left with 68.4% of your bonus remaining assuming you didn't contribute up to 61% of it to your 401k
Pfffff, not if you live in NJ 60%
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Old 04-19-2018 | 11:03 AM
  #20  
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Originally Posted by Chimpy
NJ took $7,000. FU NEW JERSEY
GD! NY took 4200$ from me. However your check is prob bigger than mine.
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