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Hokie360

Joined: 08/26/2006 Posts: 17911
Likes: 7206


PTO should not be taxed at a higher rate.


He may have more withheld, if he gets a big lump sum in one paycheck. IRS withholds as if he makes that much every paycheck. But at the end of the year. PTO pay is just ordinary income. Tax is based on earnings for the whole year.

(In response to this post by HokieinTampa)

Posted: 02/01/2018 at 4:23PM



+1

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Current Thread:
  PTO should not be taxed at a higher rate. -- Hokie360 02/01/2018 4:23PM
  ^^^Truth^^^ ** -- F4EHokie 02/01/2018 5:49PM
  Sick days, sure. But leave/PTO? -- HWA 02/01/2018 4:39PM
  Use what you need for job interviews. ** -- EDGEMAN 02/01/2018 5:05PM

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