 I received a mail from BRITISH NATIONAL LOTTERY HEADQUARTERS see details below can we believe it? |
Dear Winner,
Your ticket number: KTU/9023118308/03 with Serial number 5368/05 drew
the lucky number: 29 Congratulations, you have just won yourself
£5,000,000.00 in the ... |
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 Why haven't I received my stimulus check yet? |
| I filed my taxes and received them a little over two months ago. I never did get the notice that I would be receiving a stimulus check, but I was told that everyone who filed for tax returns this ... |
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 Does everyone who worked in the year 2007 get an Economic Stimulus check? |
| I only worked 8 months in 2007 and then the office where I worked let me and alot of other employees go because they were downsizing. I would like to know will I still get a check although I did not ... |
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 What will happen if I don't pay the death tax? |
| I won't pay this I'll go to jail for life rather then pay anymore taxes at all to theese ... |
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 My hairdresser shop does not take checks or credit cards. Cash only. And he never offers me a receipt.? |
| I like their customer service, prices & timeliness. Am I wrong to want to know if they pay taxes so I can continue to support their business? Or am I being a flipping nazi for even thinking these ... |
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 I just lost a hundred bucks at online poker, can I write that off on my taxes??? |
| I just lost a hundred bucks at online poker, can I write that off on my taxes??? Or any other gambling expense??... |
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 My business is running at a loss and I have decided to throw the towel in, I've had enough of taxman? |
| I've sent off my last tax return now I want to clear out my office and rid myself of the constant reminder of the turmoil I am in. Can I burn or shred all the files or am I legally bound to ... |
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 I am a single mom with 1 child. I was expecting to get back $600 for me and $300 for my child, with Bush's |
| tax rebate. I just looked at my bank statement, and only $600 was deposited...where is my childs portion? Do they deposit at different times? Im trying to get a hold of the IRS, but not having any ... |
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 Do you think pensioners should pay tax.? |
| We pay tax all our working life, and we pay tax on everything we buy. So why can't we enjoy a tax free life with what time we have left.... |
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 If my refund amount is 7466 dollars how much would I end up? |
| paying HR block for tax fees and Same day check fees By the way it is a simple return 1 W2 form 3kids no other ... |
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 Dont you think in the UK we pay high income tax? |
| I sincerely think that low earners should pay less tax and high earner should pay higher tax. However in the UK it is the opposite. Dont you think that this issue should be addressed seriously? P... |
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 Ahhh, i forgot to include 10k in my tax return? |
my wife made 10k on an internship program, and i forgot to include it...its already e-filed.
what should i do? am i gonna get audited?... |
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 Is there a way not to pay into social security and medicaid if I'm a self employed independent contractor? |
| I have NO plans on using either in the future. Why do I have to pay into it? (I'm retiring overseas) How do I NOT pay into it? Why should I pay out of my money to support others who don't ... |
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cokeonshelf | I just received an offer letter that reads, "a starting bonus of $2,000, minus taxes". Do I get the full $2k? |
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bostonianinmo
 |
No. Social Security, Medicare and Federal Income Taxes will be withheld. The FIT will be withheld at the statutory rate of 25%. This withholding rate applies to all bonuses and irregular payments. SS and MED are withheld at the standard combined rate of 7.65% If your state also levies an income tax, state income tax may be withheld as well.
Assuming no SITW, the total withholding will be 32.65% and your net bonus will be $1,347.00. SITW will reduce that further depending upon your state. |
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Deliah
|
Duh, minus taxes means 2K MINUS taxes = less than 2K. |
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Space_Cadet
 |
No - notice minus taxes comes after the $2,000. Confusing but you still don't get the full $2 grand. |
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Angie
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No, taxes are taken out. That's what "minus taxes" means. |
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Rick B
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No, you get the $2,000 minus taxes (just like it says!!!) |
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delilah
|
of course not. minus taxes means $2000 - taxes, taxes are around 22%, so you'll be getting 2000-440=1560, around $1560. |
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Mathew
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It would sounds to me like they intend on withholding all of the normal withholding taxes, (SS, Medicare, SDI, income tax withholding). |
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STEVEN F
 |
bostonianinmo is partially correct about the 25% withholdling. If supplemental wages are under $1,000, employers have the OPTION of withholding at a flat 25% rate OR adding the amount to regular wages for your first paycheck and withholding at the regular rate. (Pub 15, page 13). Because the total is >$1,000, the flat rate is 35% instead of 25%. (Pub 15, page 12). I would expect a check for $1,300. ($2,000 - 35%) |
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shelcom
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2000 MINUS taxes. Duh. |
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shiprepairwoman
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The $2,000 is the gross they will deduct Fica and withholding tax so your net depends on your W-4 |
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jennrfp
 |
You will get $2,000 less whatever you would be taxed based on how you complete your W-4 along with SSI, Medicare, etc.
If your salary is $50,000 you aren't going to actually receive that full amount for the year- same idea. |
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Judy1
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No, you'll probably end up with somewhere between $1200 and $1500. They'll take out $153 for social security and medicare, probably $400-$500 for federal income tax. Depending on where you live, there might also be state and/or local taxes taken out. It's no different from salary - they state what your gross is, then taxes come out of that. |
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think_of_the_bubble
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no you don't... it's very rarely that they would give you a solid number... |
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SelfShal
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The first responder is incorrect. You get the $2000 minus the taxes that are owed on it. They take the taxes out just like they would a regular paycheck. So, whatever taxes you would normally pay on $2,000 in income would come out of it. |
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Pengy
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Minus taxes, bonuses are taxed at a higher rate would figure you will about 36-38% |
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answergeek
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yes you do. |
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