I'm just curious if you end up paying more in taxes if you get paid once a month as opposed to being paid every other week.
2007-12-14 14:28:49 · 4 answers · asked by Brendan C 2 in Business & Finance ➔ Taxes ➔ United States
Whether you're paid daily or once a year, the tax bill (and the withholdings) will be the same.
2007-12-14 17:56:35 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
No, you do not pay more taxes if you only get paid once a month?
2007-12-14 14:33:55 · answer #2 · answered by pitbull1969 5 · 1⤊ 0⤋
they will take the same amount either way, thats the least of your worries, because you will get back most of it when you file for a refund. Remember its a good thing if they take too much, the problem occurs when they dont take enough and you have to end up paying at the end of the year!
2007-12-14 18:07:50 · answer #3 · answered by Jopa 5 · 0⤊ 0⤋
no
the withholding tables adjust for frequency of payment
2007-12-14 14:35:57 · answer #4 · answered by Spock (rhp) 7 · 0⤊ 0⤋