NOR-CAL General Chat.

[Steven]

Seen a Calypso in the junkyard.... It was sad :-(

Where???

[oliver.r]

Someone buy my vert!!!

http://www.r3vlimited.com/board/showthread.php?t=301056

I wish I couldddd

[Cabriolet]

I wish I couldddd

it's your color and u can respray it. borrow money from your dad/wife/mom/brother

[oliver.r]

it's your color and u can respray it. borrow money from your dad/wife/mom/brother

I would have the money if I didn't have to pay rent haha

[BlackbirdM3]

I think the M3 is going to come out and autoX for points this weekend. I haven't run it at all this year. Anyone up for autoXing at Marina on Sunday with UFO?

Will

[JinormusJ]

NOR-CAL General Chat.

Super random, but maybe ye older and wiser generation of NorCal May be able to help me out.

So, I started my new job, just got my first paycheck, and immediately I notice the amount of taxes withheld from my check. It came out to around 7%; keep in mind, this is what I am used to, especially filing under Single-1.

This instantly sent me into a rage, not because my taxes were so low, but because my taxes at my last job was so high. Every paycheck I was being deducted almost 20% (came out to about 18%). I just looked over at my black hole of a deadbeat former employer's paystub, and it said I was filing Married with 2 Incomes; 0 dependent a, when I for sure knew something was up, especially since I KNOW I filled out Single-0 on my W-2.


This is really pissing me off, because now I look back at all the money I COULD potentially have, and all the weeks I BARELY scraped the bottom of the barrel, and realized they were all for nothing because my taxes were filed incorrectly, not by me. (If it was my fault, I'd own up to it, but I asked 5 other former/fellow employees and they said they were all also being deducted as Married 2-Income/0)


Now... What would be the process of getting back that lost wages that should rightfully be mine? Go apeshiz at my last employer? Being it up with my tax-lady? Would my revised/tax-return W-2 reflect it?

Kinda at a lose, since this is the first time it's happened to me

[Cabriolet]

well if they are only taking 7% be prepared to pay a ton come April. doesnt really matter what you were filed under, when you filled out your W2 with the IRS/state you would have put in the correct #s so i doubt you have money owed to you.

married and 2 incomes is the same for me and my wife as unmarried. +-$50.

if they are only withholding 7% save 10% of your check. bc that will be about what you owe come tax day. unless you make less than 10k you are paying 18%

i take come $542/wk and make $720/wk. come February i get back $1500 tops. means i'm paying ~19% to taxes.

[WarHammer 2/1]

I just bought a 1990 325i that needs some engine work and I was originally thinking about just putting my M20B27 short block from my other car in there but was curious to see if anyone had a good condition M20B25 engine for sale.

[Steven]

$500 later...


still waiting on a few parts but its mostly there.

[blacksteel]

Super random, but maybe ye older and wiser generation of NorCal May be able to help me out.

So, I started my new job, just got my first paycheck, and immediately I notice the amount of taxes withheld from my check. It came out to around 7%; keep in mind, this is what I am used to, especially filing under Single-1.



Now... What would be the process of getting back that lost wages that should rightfully be mine? Go apeshiz at my last employer? Being it up with my tax-lady? Would my revised/tax-return W-2 reflect it?

Kinda at a lose, since this is the first time it's happened to me

If you filed your taxes correctly at the end of the year you should end up having more coming back to you..you can go on the irs website...there's some material there to read up on if you have more money owed to you...they won't notify you.
Also get find a good tax specialist to file your returns and answer any questions and maximize your returns....


Oh and thanks for the brake pads...as soon as I find some springs for my car I'll be revamping the braking system.

[bmwstephen]

Super random, but maybe ye older and wiser generation of NorCal May be able to help me out.

So, I started my new job, just got my first paycheck, and immediately I notice the amount of taxes withheld from my check. It came out to around 7%; keep in mind, this is what I am used to, especially filing under Single-1.

This instantly sent me into a rage, not because my taxes were so low, but because my taxes at my last job was so high. Every paycheck I was being deducted almost 20% (came out to about 18%). I just looked over at my black hole of a deadbeat former employer's paystub, and it said I was filing Married with 2 Incomes; 0 dependent a, when I for sure knew something was up, especially since I KNOW I filled out Single-0 on my W-2.


This is really pissing me off, because now I look back at all the money I COULD potentially have, and all the weeks I BARELY scraped the bottom of the barrel, and realized they were all for nothing because my taxes were filed incorrectly, not by me. (If it was my fault, I'd own up to it, but I asked 5 other former/fellow employees and they said they were all also being deducted as Married 2-Income/0)


Now... What would be the process of getting back that lost wages that should rightfully be mine? Go apeshiz at my last employer? Being it up with my tax-lady? Would my revised/tax-return W-2 reflect it?

Kinda at a lose, since this is the first time it's happened to me

when did you start the job? are your hourly, salaried, salaried with exemption?

depending on your terms of employment, if you started now, for example, thats like 3 more months until the fiscal year of a business tends to end. So even if you were hired with an agreed salary of 50k a year which would normally throw you into the 20%+ bracket, your salary for the year will probably be a fraction of that and that is what your employers reported on their end.

Also if you think money is owed to you because of a misfiling, you need to file an amendment. Fill out forms 1096 and 1099 I believe with your next filing.

[Wh33lhop]

well if they are only taking 7% be prepared to pay a ton come April. doesnt really matter what you were filed under, when you filled out your W2 with the IRS/state you would have put in the correct #s so i doubt you have money owed to you.

married and 2 incomes is the same for me and my wife as unmarried. +-$50.

if they are only withholding 7% save 10% of your check. bc that will be about what you owe come tax day. unless you make less than 10k you are paying 18%

i take come $542/wk and make $720/wk. come February i get back $1500 tops. means i'm paying ~19% to taxes.

What do you do anyway eric

[oliver.r]

What do you do anyway eric

executive DB

[blacksteel]

Is there a nice turnout at the San Bruno meet tonight? Anybody ever go?

[JinormusJ]

If they are only withholding 7% save 10% of your check. bc that will be about what you owe come tax day. unless you make less than 10k you are paying 18%.

Rounding in both jobs, I made much less than $10k this year. $6k from my last job, and I won't be hitting $4k no way with the few shifts ill be running at the new job. Maybe next year ill hit $20k, but I won't even hit $10k this year.

when did you start the job? are your hourly, salaried, salarie with exemption?

Its hourly wage

If you filed your taxes correctly at the end of the year you should end up having more coming back to you..you can go on the irs website...there's some material there to read up on if you have more money owed to you...they won't notify you.
Also get find a good tax specialist to file your returns and answer any questions and maximize your returns....

No notification? Isn't THAT convenient?
That being said, I have a good tax return specialist. My parents use her and she's kind of a close family friend. They always usually end up getting a nice chunk of change come taxes-time.

Oh and thanks for the brake pads...as soon as I find some springs for my car I'll be revamping the braking system.

No problem man, glad they made it to you safely


Oh, and thanks for the replies everyone :up: