No, not 30% on top, just 30% total. Which seems a bit too high a deduction to me. I'm normally in the 30 to 35% bracket, but on half pay, my taxable income will be in the 15% bracket. I guess I'll have to meet with the HR lady tomorrow to straighten this out. Or wait until April for a refund!
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30% on top of your regular withholdings? If my math is correct, that means you're attempting to live for an entire year on 35% of your regular income.
But at least you have a garden to feed you!
No, not 30% on top, just 30% total. Which seems a bit too high a deduction to me. I'm normally in the 30 to 35% bracket, but on half pay, my taxable income will be in the 15% bracket. I guess I'll have to meet with the HR lady tomorrow to straighten this out. Or wait until April for a refund!
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