Beware your first 2013 paycheck

[fordracing19]

Damn, how much is your house payment, $400????

I was talking per year.

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[mustangguy289]

You either didnt work a full 40/80 or you pull over a million a year!

Welll.... I was here for the full 40/80.

[Roscoe]

SS withholding phased out last year at $90K. Meaning that once you eclipsed the $90K mark in annual income, they stopped withholding. For most DFWM members, that was probably sometime in Feb 12, so you've probably gotten used to a larger check.

For 2012, the maximum taxable earnings amount for Social Security (OASDI) taxes is $110,100. There is no limitation on taxable earnings for Medicare's Hospital Insurance (HI) taxes.

[slow99]

This thread is gold, lmfao!

[Sean88gt]

This should cause a boom in the economy!

[Chopped54]

My paycheck was $600 less.... WTF!

You either didnt work a full 40/80 or you pull over a million a year!

[8mpg]

SS withholding phased out last year at $90K. Meaning that once you eclipsed the $90K mark in annual income, they stopped withholding. For most DFWM members, that was probably sometime in Feb 12, so you've probably gotten used to a larger check.

not according to my checkstub

[pr1042]

100 bucks less for me, could have bought a pmag wih that

[SEB]

The benfits of working for yourself, But shit is getting outta of control with Taxes in this country & im not just referring to the Federal Goverment Tax increases, They are increasing Taxes on Property Tax in Rockwall & im sure its just a matter of time before they try & bring in state tax here in Texas. They are going to tax this country right in to the ground

[Sgt Beavis]

I'll be hit with the maximum on the payroll tax. Fortunately (or unfortunately) I got a pay raise that pretty much covers the increase. My company also increased their contribution for my medical insurance so that there is no increase on my end..

On the flip side, HP is still working through laying off 27000 employees. It is unlikely I'll be cut, because of all the revenue I pull in, but you never know.

[Juiced4v]

Havent seen mine yet!

[slow99]

can you tell me if i "need" that $$?

god bless.

You do. Your old lady doesn't.

[ELVIS]

Those of you saying much more than 100/check are either making way over 250K, get paid monthly, or aren't lookin at increases in other things. The 2% increase caps at 113,700 which means a person paid biweekly would see no more than an $87.46 hit per check.

can you tell me if i "need" that $$?

god bless.

[Damnittsteve]

looking back now they did screw me over after all. I thought just being a college student with a low income job would spare me all this bullshit but I thought wrong.



dey took er jobs!

[red95gts]

SS withholding phased out last year at $90K. Meaning that once you eclipsed the $90K mark in annual income, they stopped withholding. For most DFWM members, that was probably sometime in Feb 12, so you've probably gotten used to a larger check.