22 days stretch in retail

[njac]

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This is usually just a tax withholding issue, which you will get some back on your tax return.

One other good thing with OT is when you max out the Social Security tax at $118,500, they stop that 6.2% tax for the rest of the year.

Yea but then your taxable wages go up...

 

[pezdispenser]

Yea but then your taxable wages go up...

Huh? Your taxable wages are not affected by SS. Income taxes, SS and Medicare are all taken out at the same time; not sequentially, so each tax does not reduce the wage base of any of the other taxes.

Taxable wages = Gross - health insurance, FSA, etc. - 401(k)

Notice that there is no Social Security there.

SS = 6.2% of ( Gross - health insurance, FSA ) up to $118,500 max