Checked tomorrows payslip in workday, feeling depressed after that 😅 About 20k gross pay with bonus in paycheck, but what hits my bank account net is just 5.5k... W4 is 1 for me. This will just be enough to pay installment 2 of property tax. Sigh. Need some love. 😪
When I joined LinkedIn, I received a $20k signing bonus and took home ~$11k-12k, how are you only getting $5.5k??
He got taxed by government but also by a man in the street
how??
Well your property tax is paid so there is that
My guess, they not only took out your taxes, if you are in espp and 401k, all of that went into reducing your bonus payout. Let us know if this is what happened
Agree with this. I disable 401K contribution before bonus
You miss out on bonus match from the company
Stop voting blue. Problem solved.
What was your bonus percentage?
Yeah, you’re absolutely lying lmao there’s no way it was 25% total. You’re doing max ESPP and some higher level contribution to 401k and/or mega backdoor roth. Let’s not lie to Blind about what you’re doing. List your entire paycheck then with all deductions
Second this. I got a somewhat higher gross pay but only $2k net because I’m putting in a large chunk into Roth mega back door. He is clearly maxing out some optional contributions.
What is Roth mega back door?
@dark.night: Crying man also mentioned that you enrolled for 401k 50% pre-tax cut, 10% espp and then cry. As per your attitude you never will be happy in your life for sure. Your future and happiness is very dark like your username.
Fuck you irs.. give me green card or less tax
Love you 🤗