Now I know you just completely made that story up. You just outed yourself dumbfuck.
To be in the 37% tax bracket, your income has to be over $400k. And social security ends under $130k.
But remember, sledog is not known as a liar.
Jesus, if you really are an accountant you've gotta be the worst fucking one that I've ever talked to. I already gave you a very reasonable and easy explanation. Yes, withholding can be higher than the effective rate on bonuses for a variety of reasons. I've had it happen, was pissed, and had to go get an explanation of why it happened.
Also, are we really arguing over if something along 49% vs. 58% makes it too much? Both are too fucking much. Fucking Christ, the colonists revolted over less than 5% of their income going to taxes.
Sledog said 6.2% social security which is impossible. He made the shit up.
Well I'd say if you don't want to pay 49% don't live in California. That's 10-13% top rate or whatever. Fuck that. In Washington, it would be about 40%. Unless the income is derived from capital gains. Then it's 20%.
Seriously. The person that gets screwed for taxes in this country is the person making $200k to $500k a year from a wage.
Really what are the rates know it all? Everything I said is true. I'm not a lying turd like you.
I could provide proof but you'll have to pay if I do. Say $1000.00? More?
I'll bet you $1,000 you didn't see a check for a $100,000 bonus with 6.2% social security withheld. Unless the check was in January, that's literally impossible.
Here I thought @Weiser was door.ass.out. years ago
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
No but it's 13%. 37% fed so there's 50%. Add in the rest. The math isn't hard. But I'll take Hondo's money add yours if your playing.. I never claimed 59%. 58 and change.
Now I know you just completely made that story up. You just outed yourself dumbfuck.
To be in the 37% tax bracket, your income has to be over $400k. And social security ends under $130k.
But remember, sledog is not known as a liar.
Jesus, if you really are an accountant you've gotta be the worst fucking one that I've ever talked to. I already gave you a very reasonable and easy explanation. Yes, withholding can be higher than the effective rate on bonuses for a variety of reasons. I've had it happen, was pissed, and had to go get an explanation of why it happened.
Also, are we really arguing over if something along 49% vs. 58% makes it too much? Both are too fucking much. Fucking Christ, the colonists revolted over less than 5% of their income going to taxes.
Sledog said 6.2% social security which is impossible. He made the shit up.
Well I'd say if you don't want to pay 49% don't live in California. That's 10-13% top rate or whatever. Fuck that. In Washington, it would be about 40%. Unless the income is derived from capital gains. Then it's 20%.
Seriously. The person that gets screwed for taxes in this country is the person making $200k to $500k a year from a wage.
Really what are the rates know it all? Everything I said is true. I'm not a lying turd like you.
I could provide proof but you'll have to pay if I do. Say $1000.00? More?
I'll bet you $1,000 you didn't see a check for a $100,000 bonus with 6.2% social security withheld. Unless the check was in January, that's literally impossible.
Here I thought @Weiser was door.ass.out. years ago
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
No but it's 13%. 37% fed so there's 50%. Add in the rest. The math isn't hard. But I'll take Hondo's money add yours if your playing.. I never claimed 59%. 58 and change.
And you are claiming the Feds required this level of withholding. Or are you?
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
No but it's 13%. 37% fed so there's 50%. Add in the rest. The math isn't hard. But I'll take Hondo's money add yours if your playing.. I never claimed 59%. 58 and change.
And you are claiming the Feds required this level of withholding. Or are you?
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
No but it's 13%. 37% fed so there's 50%. Add in the rest. The math isn't hard. But I'll take Hondo's money add yours if your playing.. I never claimed 59%. 58 and change.
Fed withholding on a bonus is 22%. The story is bullshit.
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
No but it's 13%. 37% fed so there's 50%. Add in the rest. The math isn't hard. But I'll take Hondo's money add yours if your playing.. I never claimed 59%. 58 and change.
Fed withholding on a bonus is 22%. The story is bullshit.
I said earlier it was my mistake it was not a bonus. Look way back.
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
No but it's 13%. 37% fed so there's 50%. Add in the rest. The math isn't hard. But I'll take Hondo's money add yours if your playing.. I never claimed 59%. 58 and change.
Fed withholding on a bonus is 22%. The story is bullshit.
I said earlier it was my mistake it was not a bonus. Look way back.
Then they withhold essentially whatever you tell them to withhold. I mess around with my withholdings throughout the year. I could absolutely get a check with anywhere from 25% to effectively all of it withheld depending on what I wanted at the time. That doesn’t really mean anything.
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
No but it's 13%. 37% fed so there's 50%. Add in the rest. The math isn't hard. But I'll take Hondo's money add yours if your playing.. I never claimed 59%. 58 and change.
Fed withholding on a bonus is 22%. The story is bullshit.
I said earlier it was my mistake it was not a bonus. Look way back.
Then they withhold essentially whatever you tell them to withhold. I mess around with my withholdings throughout the year. I could absolutely get a check with anywhere from 25% to effectively all of it withheld depending on what I wanted at the time. That doesn’t really mean anything.
Sledog very clearly claimed 37% federal. 13% State. 6.2% SS. And he's making shit up. He keeps changing his story. But he'll be in Spokane on Thursday to collect his $1,000.
Now I know you just completely made that story up. You just outed yourself dumbfuck.
To be in the 37% tax bracket, your income has to be over $400k. And social security ends under $130k.
But remember, sledog is not known as a liar.
Jesus, if you really are an accountant you've gotta be the worst fucking one that I've ever talked to. I already gave you a very reasonable and easy explanation. Yes, withholding can be higher than the effective rate on bonuses for a variety of reasons. I've had it happen, was pissed, and had to go get an explanation of why it happened.
Also, are we really arguing over if something along 49% vs. 58% makes it too much? Both are too fucking much. Fucking Christ, the colonists revolted over less than 5% of their income going to taxes.
Sledog said 6.2% social security which is impossible. He made the shit up.
Well I'd say if you don't want to pay 49% don't live in California. That's 10-13% top rate or whatever. Fuck that. In Washington, it would be about 40%. Unless the income is derived from capital gains. Then it's 20%.
Seriously. The person that gets screwed for taxes in this country is the person making $200k to $500k a year from a wage.
Really what are the rates know it all? Everything I said is true. I'm not a lying turd like you.
I could provide proof but you'll have to pay if I do. Say $1000.00? More?
I'll bet you $1,000 you didn't see a check for a $100,000 bonus with 6.2% social security withheld. Unless the check was in January, that's literally impossible.
If his base was maybe $5K per month for Jan through May, it's possible to get a $100K check in June and still be under the $132,900 threshold for FICA withholding.
Not very likely - but definitely not 'literally impossible'....which, by the way, you should check yo'self on the use of 'literally' without absolute certainty.
#syntaxsuperiorityguy
Also, if he's following the withholding tables, he'll get figuratively fucked on the Fed Tax Withheld as that is based on an annualized as if he was getting that amount monthly or bi-weekly. Dude should have been in giving the payroll clerk his big salomi and axing her to override the withholding amount one time.
Yes you are correct. But what person do you know makes $60k a year and gets a bonus in June for $100k? You could say a small business owner with a C Corp election. But then you wouldn't bonus yourself, you'd do a distribution and no taxes would be withheld. Or if they were withheld. They wouldn't be employment taxes. That's the whole point of the c Corp election.
Many many moons ago, the throbber sold software....the monthly pay was adequate but the bonuses were massive based on revenue production. It was not unusual for the quarterly bonus to be many multiples of base pay. So you could figuratively suck for a quarter, then make 5 to 10 times the year to date income on one bonus check.
Audit guys shouldn't play tax, either, btw.
Even if you are right about the $60k wage and $100k bonus (even tho sledog already waffled on it being a bonus). The federal would not be at 37%. The projected wage would be $160k and the 37% tax bracket isn't until around $400k. Either way sledog is full of shit and I'll see him on Thursday in Spokane as he clearly said.
And yes auditors shouldn't play the tax game. I stopped doing my taxes a long time ago.
Now I know you just completely made that story up. You just outed yourself dumbfuck.
To be in the 37% tax bracket, your income has to be over $400k. And social security ends under $130k.
But remember, sledog is not known as a liar.
Jesus, if you really are an accountant you've gotta be the worst fucking one that I've ever talked to. I already gave you a very reasonable and easy explanation. Yes, withholding can be higher than the effective rate on bonuses for a variety of reasons. I've had it happen, was pissed, and had to go get an explanation of why it happened.
Also, are we really arguing over if something along 49% vs. 58% makes it too much? Both are too fucking much. Fucking Christ, the colonists revolted over less than 5% of their income going to taxes.
Sledog said 6.2% social security which is impossible. He made the shit up.
Well I'd say if you don't want to pay 49% don't live in California. That's 10-13% top rate or whatever. Fuck that. In Washington, it would be about 40%. Unless the income is derived from capital gains. Then it's 20%.
Seriously. The person that gets screwed for taxes in this country is the person making $200k to $500k a year from a wage.
Really what are the rates know it all? Everything I said is true. I'm not a lying turd like you.
I could provide proof but you'll have to pay if I do. Say $1000.00? More?
I'll bet you $1,000 you didn't see a check for a $100,000 bonus with 6.2% social security withheld. Unless the check was in January, that's literally impossible.
If his base was maybe $5K per month for Jan through May, it's possible to get a $100K check in June and still be under the $132,900 threshold for FICA withholding.
Not very likely - but definitely not 'literally impossible'....which, by the way, you should check yo'self on the use of 'literally' without absolute certainty.
#syntaxsuperiorityguy
Also, if he's following the withholding tables, he'll get figuratively fucked on the Fed Tax Withheld as that is based on an annualized as if he was getting that amount monthly or bi-weekly. Dude should have been in giving the payroll clerk his big salomi and axing her to override the withholding amount one time.
Yes you are correct. But what person do you know makes $60k a year and gets a bonus in June for $100k? You could say a small business owner with a C Corp election. But then you wouldn't bonus yourself, you'd do a distribution and no taxes would be withheld. Or if they were withheld. They wouldn't be employment taxes. That's the whole point of the c Corp election.
Many many moons ago, the throbber sold software....the monthly pay was adequate but the bonuses were massive based on revenue production. It was not unusual for the quarterly bonus to be many multiples of base pay. So you could figuratively suck for a quarter, then make 5 to 10 times the year to date income on one bonus check.
Audit guys shouldn't play tax, either, btw.
Even if you are right about the $60k wage and $100k bonus (even tho sledog already waffled on it being a bonus). The federal would not be at 37%. The projected wage would be $160k and the 37% tax bracket isn't until around $400k. Either way sledog is full of shit and I'll see him on Thursday in Spokane as he clearly said.
And yes auditors shouldn't play the tax game. I stopped doing my taxes a long time ago.
Now I know you just completely made that story up. You just outed yourself dumbfuck.
To be in the 37% tax bracket, your income has to be over $400k. And social security ends under $130k.
But remember, sledog is not known as a liar.
Jesus, if you really are an accountant you've gotta be the worst fucking one that I've ever talked to. I already gave you a very reasonable and easy explanation. Yes, withholding can be higher than the effective rate on bonuses for a variety of reasons. I've had it happen, was pissed, and had to go get an explanation of why it happened.
Also, are we really arguing over if something along 49% vs. 58% makes it too much? Both are too fucking much. Fucking Christ, the colonists revolted over less than 5% of their income going to taxes.
Sledog said 6.2% social security which is impossible. He made the shit up.
Well I'd say if you don't want to pay 49% don't live in California. That's 10-13% top rate or whatever. Fuck that. In Washington, it would be about 40%. Unless the income is derived from capital gains. Then it's 20%.
Seriously. The person that gets screwed for taxes in this country is the person making $200k to $500k a year from a wage.
Really what are the rates know it all? Everything I said is true. I'm not a lying turd like you.
I could provide proof but you'll have to pay if I do. Say $1000.00? More?
I'll bet you $1,000 you didn't see a check for a $100,000 bonus with 6.2% social security withheld. Unless the check was in January, that's literally impossible.
If his base was maybe $5K per month for Jan through May, it's possible to get a $100K check in June and still be under the $132,900 threshold for FICA withholding.
Not very likely - but definitely not 'literally impossible'....which, by the way, you should check yo'self on the use of 'literally' without absolute certainty.
#syntaxsuperiorityguy
Also, if he's following the withholding tables, he'll get figuratively fucked on the Fed Tax Withheld as that is based on an annualized as if he was getting that amount monthly or bi-weekly. Dude should have been in giving the payroll clerk his big salomi and axing her to override the withholding amount one time.
Yes you are correct. But what person do you know makes $60k a year and gets a bonus in June for $100k? You could say a small business owner with a C Corp election. But then you wouldn't bonus yourself, you'd do a distribution and no taxes would be withheld. Or if they were withheld. They wouldn't be employment taxes. That's the whole point of the c Corp election.
Many many moons ago, the throbber sold software....the monthly pay was adequate but the bonuses were massive based on revenue production. It was not unusual for the quarterly bonus to be many multiples of base pay. So you could figuratively suck for a quarter, then make 5 to 10 times the year to date income on one bonus check.
Audit guys shouldn't play tax, either, btw.
Even if you are right about the $60k wage and $100k bonus (even tho sledog already waffled on it being a bonus). The federal would not be at 37%. The projected wage would be $160k and the 37% tax bracket isn't until around $400k. Either way sledog is full of shit and I'll see him on Thursday in Spokane as he clearly said.
And yes auditors shouldn't play the tax game. I stopped doing my taxes a long time ago.
Now I know you just completely made that story up. You just outed yourself dumbfuck.
To be in the 37% tax bracket, your income has to be over $400k. And social security ends under $130k.
But remember, sledog is not known as a liar.
Jesus, if you really are an accountant you've gotta be the worst fucking one that I've ever talked to. I already gave you a very reasonable and easy explanation. Yes, withholding can be higher than the effective rate on bonuses for a variety of reasons. I've had it happen, was pissed, and had to go get an explanation of why it happened.
Also, are we really arguing over if something along 49% vs. 58% makes it too much? Both are too fucking much. Fucking Christ, the colonists revolted over less than 5% of their income going to taxes.
Sledog said 6.2% social security which is impossible. He made the shit up.
Well I'd say if you don't want to pay 49% don't live in California. That's 10-13% top rate or whatever. Fuck that. In Washington, it would be about 40%. Unless the income is derived from capital gains. Then it's 20%.
Seriously. The person that gets screwed for taxes in this country is the person making $200k to $500k a year from a wage.
Really what are the rates know it all? Everything I said is true. I'm not a lying turd like you.
I could provide proof but you'll have to pay if I do. Say $1000.00? More?
I'll bet you $1,000 you didn't see a check for a $100,000 bonus with 6.2% social security withheld. Unless the check was in January, that's literally impossible.
Check was very recent. OK where we meeting. Bring cash. Show cash and I'll show you my proof. You're in Spokane right? Tomorrow? I'll have cash. Unless my math is wrong $6,200.00 is 6.2% of 100,000.00.
You bringing HH? I can cover a lot more than a grand.
I'm in Vermont at the moment. But yes, bring the check and stub to Spokane on Thursday. I'll be there.
Bad news. Going to the Mall to pick up some cheap cologne at the Burlington coat factory doesn’t mean you’re in Vermont.
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
No but it's 13%. 37% fed so there's 50%. Add in the rest. The math isn't hard. But I'll take Hondo's money add yours if your playing.. I never claimed 59%. 58 and change.
Fed withholding on a bonus is 22%. The story is bullshit.
I said earlier it was my mistake it was not a bonus. Look way back.
Then they withhold essentially whatever you tell them to withhold. I mess around with my withholdings throughout the year. I could absolutely get a check with anywhere from 25% to effectively all of it withheld depending on what I wanted at the time. That doesn’t really mean anything.
Sledog very clearly claimed 37% federal. 13% State. 6.2% SS. And he's making shit up. He keeps changing his story. But he'll be in Spokane on Thursday to collect his $1,000.
Yes I will! Message me so we can set the meeting place. Spokane Valley would work well for me. As I've said bring cash I don't take burger coupons or McDonald's Monopoly game pieces.
Whatever the explanation for this unusual withholding arrangement--assuming it even occurred--the explanation isn't that your pal paid $58,000+ in tax on $100,000 of income. That was your political point, and it's complete bullshit.
Whatever was withheld , your pal wasn’t taxed at 59% on it. To say otherwise is retarded. I’m not going to take your money, Mall Cop.
No bet HH? Who's the retard if you're turning down a sure win?
I guess if your pal figured out how to pay $59,000 tax on $100,000 of income, I must be the retard.
Can't back up your mouth. Expected. Hondo will bail out any minute.
Well, keep us posted.
He said he'll be in Spokane on Thursday.
Suppose he has what he claims. Sled’s whole deal is that the government took 59%. But the withholding is done by his pal’s employer, and employers will withhold more if asked. If Sled has the goods, that’s the explanation, I suspect.
Who'd lie about this? The person paid did not ask for extra withholding either. I'm putting my money where my mouth is. I'm not a liar nor do I fabricate Bullshit stories.
So what is your game/explanation then?
California’s income tax doesn’t explain a 59% withholding from a bonus.
No but it's 13%. 37% fed so there's 50%. Add in the rest. The math isn't hard. But I'll take Hondo's money add yours if your playing.. I never claimed 59%. 58 and change.
Fed withholding on a bonus is 22%. The story is bullshit.
I said earlier it was my mistake it was not a bonus. Look way back.
Then they withhold essentially whatever you tell them to withhold. I mess around with my withholdings throughout the year. I could absolutely get a check with anywhere from 25% to effectively all of it withheld depending on what I wanted at the time. That doesn’t really mean anything.
Exactly. We get asked every year how much extra withholding we want taken from my wife's bonus. And I can send all my revenue to the Treasury if I choose to.
Whatever the explanation for this unusual withholding arrangement--assuming it even occurred--the explanation isn't that your pal paid $58,000+ in tax on $100,000 of income. That was your political point, and it's complete bullshit.
It's not "unusual" deductions. He has not asked for any extra money to be withheld. It is the standard tax rates and it was done as standard payroll. Has no one had a large check from there employer for overtime etc? When you get one the tax rate being applied can go up. You've never heard (all that overtime put me in a higher tax bracket this check"? Does your denial of fact know no bounds? You guys call me a liar and I call you out so if your going to double down on stupid and calling me a liar pony up! You should want to take my money.
Comments
Don't take the bet, he's free-rolling you.
California’s income tax doesn’t explain a 59% withholding from a bonus.
And yes auditors shouldn't play the tax game. I stopped doing my taxes a long time ago.
HH don't you want in on this sure thing?
Any other takers?
Still time Hondo hasn't PM'd for the meet.