2017 PS wag
12-13-2017, 10:25 AM
#36
Gets Weekends Off
Joined APC: Jun 2010
Position: 747 Captain, retired
Posts: 928
Originally Posted by Dave Fitzgerald
Usually shortly after Valentines day.
12-15-2017, 09:23 AM
#38
Gets Weekends Off
Joined APC: Nov 2009
Posts: 5,199
Originally Posted by Slats Extend
The issue was when it came right before Valentines day, it was taxed as a Bone-us (yes, 2 words).
Changing it to March 1st allows it to be combined with and taxed as income.
Changing it to March 1st allows it to be combined with and taxed as income.
Taxing it as regular income, for most here put them in the top 39% tax bracket for that month and the PS+earnings were taxed st that top rate. Thus, you get F’d.
12-15-2017, 10:49 AM
#40
Gets Weekends Off
Joined APC: Apr 2010
Posts: 694
Originally Posted by Grumble
Taxation as a bonus was only 25%.
Taxing it as regular income, for most here put them in the top 39% tax bracket for that month and the PS+earnings were taxed st that top rate. Thus, you get F’d.
Taxing it as regular income, for most here put them in the top 39% tax bracket for that month and the PS+earnings were taxed st that top rate. Thus, you get F’d.
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