ST Alpha - "Assuming you're biweekly, and this was on a single pay, what Meg says may be the issue." (Reading a Post)

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In response to "So my raise went into effect in this paycheck. Plus catch-up for the last two checks (raise was retroactive). But...taxes seem off." by ty97

Assuming you're biweekly, and this was on a single pay, what Meg says may be the issue.

Posted by zunk xometimes (aka zunkskunk) Oct 17 '17, 15:28

In this case the payroll person should use a tax frequency of 6 weeks (3 payperiods). If not, the taxable is multiplied by 26 for an annual that is used in the Percentage method. If you got a second check for the retro, tax frequency is needed also to avoid spread tscing. Who knew payroll was complicated? Congrats on the raise. If you'd like me to take a closer look post your SS number. 8-)

Responses:

Not bi-weekly but very close. Paid twice per month, 24 paychecks per year -- nm - ty97 Oct 17, 15:30 1
- Semi-monthly. Still guessing it's the same issue, tax frequency. Sometimes when there is extra pay they will use the bonus freq which is 25% of taxabl -- nm - zunk xometimes Oct 17, 15:48

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Assuming you're biweekly, and this was on a single pay, what Meg says may be the issue.

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