Tax cuts/ Bigger check??

[Black Ice]

I got a whopping $8/week increase on a weekly salary check. However, I claim as much as I can so I don’t loan the guberment interest free money. Always get back a nice return, so it’s worked out well.

I claim 0.0 and still owe 7k minimum. No kids and the wife and I both claim 0.


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[Sleepy]

[quote=bukkskin;13209073]

My pay checks very a lot so it’s hard for me to figure it out. The first week mine hit was over $230 and I am paid weekly but my company sent an email saying it was backdated for the last 4 weeks. I figured it would be around $55 to $60 per week but on my salary check it was the $29.44.

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Hmmm, well keep an eye on it, shoud go up.

I claim 0.0 and still owe 7k minimum. No kids and the wife and I both claim 0.


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I may ask about it on Monday. It’s been a long time since I’ve filled out a W4, but I’m thinking I claim 5 or 6 or something like that.

[bukkskin]

I claim 0.0 and still owe 7k minimum. No kids and the wife and I both claim 0.


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That's wierd, I claim 0 dependents and usually get a return of 8 or 9k.
Of course my company does the paperwork for me.

[Artos]

Got $52 a month take home...since what seems like almost half is taken for taxes & health care ins etc, I just double it in my mind & make myself the statistic the news touted as the average middle income would see 1100-1200 a year. Seems like squat but gotta be positive and look at it like someone handing you 6 bones at the end of the year to help with the deer lease

I'm in the oil patch/ gas compression side & we took a 10% cut when the bottom fell out a couple years ago and mostly hope the biz incentives this deal focused on help our Co enough to get it back. I know for certain this is the goal from my casual chats with hr.

I will say chatter & activity has upped a click in my territory recently...so I'm digging the direction this cut likely helped springboard

[Black Ice]

That's wierd, I claim 0 dependents and usually get a return of 8 or 9k.
Of course my company does the paperwork for me.

I always got a good return with zero kids and two years ago we changed CPA’s and owed $12,500 and $7500 the last two years.


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[El Viejo]

We got a notice from Teacher Retirement about a month ago stating that we were both going to lose $10 a month thanks to Obamacare. They also jumped our detectable up to $5K BTW. Then we got another notice from Teacher Retirement about a week ago stating that combined, the wife and I were going to get a $200/mo. increase in our pay due to tax cuts from Trump. How anybody can continue tot vote for dems is beyond me . . . unless they don't work at all and don't want to.

[DaveC]

I compared this years checks to last years with the same hours.

Once I factor in my annual raise I saw $0.00 on one check and $8.00 on another.
The amount of the "bump" was exactly the dollar amount of my raise x the hours worked.
However, I did pay more for health care and more in taxes for SS and Medicare, so in the end it is a WASH for me so far.

My wife's part time paychecks shows little to no bump either.

I guess the Trump windfall missed my house. .

If there is extra money to be had, I'm guessing I'll see it when the 2018 taxes are hashed out in 2019.

[Let's go Brandon!]

I netted about $80/Monty increase

[buckwild17]

I noticed a little increase , wasn’t sure what the deal was. Guess I’ll increase the 401 K a percent or two !!

[Hydestik]

I got a whopping $8/week increase on a weekly salary check. However, I claim as much as I can so I don’t loan the guberment interest free money. Always get back a nice return, so it’s worked out well.

If your getting a nice return then the government is borrowing your money interest free...if you break even that’s the best case scenario.

[Goldeneagle]

The only extra I've seen so far is OT.

[JhuntsAlot]

Got the Trump raise too, but could have been more if health insurance didn’t go up. Ugh.

J

[glen]

I’m bi-weekly and got about $300.

[Capt.Brown]

Crumbs.....

[30-30]

$35/week.