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2007-11-30 17:06:33 · 2 answers · asked by Manish P 1 in Business & Finance Taxes United States

"splitting a paycheck" is when an employer pays the employee in two or more paychecks instead of one during a given pay period. This is sometimes done avoid being taxed in a higher tax bracket. Example: splitting a $5,000 gross income paycheck into two $2,500 gross income paychecks.

2007-12-01 11:28:42 · update #1

"splitting a paycheck" is when an employer pays the employee in two or more paychecks instead of one during a given pay period. This is sometimes done avoid being taxed in a higher tax bracket. Example: splitting a $5,000 gross income paycheck into two $2,500 gross income paychecks.

2007-12-01 11:29:49 · update #2

2 answers

No law - employers determine how often employees are paid, and the check must be made to the employee.

2007-11-30 17:17:28 · answer #1 · answered by Judy 7 · 3 0

Split? Define the split.

As an employee I can't tell you to make out two checks, one to me and one to, say, my mom.

I also can't come in and tell you to put some income on check #1 that I want you to give me in 2007 and put the rest on check #2 that I want you to give me in 2008.

2007-12-01 01:11:36 · answer #2 · answered by Anonymous · 2 0

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