I don't know why I am!!! I think this is where the mods need to earn their keep.
Questions to be forever banned from SDN:
1.) Kinetics questions.
2.) How much does a pharmacist really make?
3.) Which is the best chain pharmacy to work for?
4.) Do pharmacists use the title Doctor?
I think as soon as one of these questions is posted a mod should delete it and send the poster a nice message on how to use the search function.
With taxes---it's like $70-80. Less than that. Cuz you get tax on your paycheck and you get tax again when your doing your tax returns. Tax on your paycheck is over 30% in NYS.
Stick to pharmacy, as accounting and taxes are not your specialty. Taxes are withheld from every pay check based on the selections YOU choose on your W-4 form. They are supposed to match what you anticipate your tax bill to be at the end of the tax year. On April 15, you settle up with the Government and fill out your tax form and calculate the tax you owe. You subtract the amount withheld and if it is more than you owe, you get a refund and if it is less than you owe, you have to pay more, you are NOT taxed again. If you owe a great deal, it's not the fault of the IRS, it's your fault for poor planning and you should adjust your deductions so you do not repeat the process next year....
I thought you said stick to pharmacy not financial advice?
you should adjust your deductions so you do not repeat the process next year