2007-09-05 12:22:25 · 4 answers · asked by Capt. Schmuck 1 in Business & Finance ➔ Taxes ➔ United States
Ask your employer, don't you think they would know better than anyone here?
2007-09-05 12:28:59 · answer #1 · answered by Anonymous · 0⤊ 1⤋
They are only taxed at year end and all added together.
The tax withheld is based on what it looks like your annual income will be so if you got a check for 1,000 a week it would look like you earned 52K per year but if you got a check for 500 a week it would look like you earned 26K per year so where in a lower withholding bracket but if you got both you would make 78K and not have enough withheld. Withholding is done by law but you must make sure you are having enough withheld to avoid penalties.
2007-09-05 12:31:47 · answer #2 · answered by shipwreck 7 · 1⤊ 0⤋
The taxes might be withheld differently on your paychecks, but at the end of the year it will all even out. When you file your tax return, your entire income will be added together, and taxes calculated based on the total. If too much was withheld, you'll get it refunded to you.
2007-09-05 12:33:55 · answer #3 · answered by Judy 7 · 1⤊ 0⤋
The commission check is taxed as if it were paid during your normal pay period. If your pay period is bi-weekly and you get $1000 every other week, when you get a comm chk of $2500 it appears as if you are getting it every other week for tax calculations.
I got miffed at this when I first discovered it.
2007-09-05 15:44:23 · answer #4 · answered by no income tax 1 · 0⤊ 0⤋