u/ItsEvan23

Paystub has no quantity or rate for pay? Is this shady? Why am i being taxed 26%

Paystub has no quantity or rate for pay? Is this shady? Why am i being taxed 26%

I work a job in Alaska at a day rate of $600 per day. i find it odd and curious why they dont include the days paid or the rate... but the math checks out for the days in each pay period so im good there for $600 X the days in each period.

is this some tax loophole for the employers benefit? also my very first paystub and 2nd is a total of about 26% withheld each at 19.8% federal withholding.

this is a 4 month seasonal job, i dont understand why im being taxed at such a high rate of %26 overall.

there is no longer the form filling out the 0 or 1 etc to determine how much is witheld. that never happened for this job.

really appreciate any info and sorry im so naive on all this.

thanks!

https://preview.redd.it/s95rls6vdabh1.png?width=1078&format=png&auto=webp&s=173122f7850e0d396e3455b0ea9af8df1a0392fc

reddit.com
u/ItsEvan23 — 1 day ago
▲ 3 r/tax

Day rate pay stub has no qty or rate? Why am i being taxed 26%

I work a job in Alaska at a day rate of $600 per day. i find it odd and curious why they dont include the days paid or the rate... but the math checks out for the days in each pay period so im good there for $600 X the days in each period.

is this some tax loophole for the employers benefit? also my very first paystub and 2nd is a total of about 26% withheld and 19.8% federal withholding.

this is a 4 month seasonal job, i dont understand why im being taxed at such a high rate of %26 overal.

there is no longer the form filling out the 0 or 1 etc to determine how much is witheld. that never happened for this job.

14 days at $600 my net is $6131 ($8400 before tax)

really appreciate any info and sorry im so naive on all this.

thanks!

reddit.com
u/ItsEvan23 — 1 day ago