>Guess my problem is why more is being taken out
Somebody has to pay for the CEO's bonus!
Biff
"Bobby" <camaro46368@yahoo.com> wrote in message
news:656ec11cuhnlc9g9187iklm3qfm7sali16@4ax.com...
> $266.75 is the same answer I'm getting, but taken out of m check was
> lot more. Guess my problem is why more is being taken out.
> If I find out after vacation I'll post the answer.
> Thanks for the help.
> Bobby
>
> On Sat, 2 Jul 2005 18:01:10 -0400, "Ron Coderre"
> <roncoderre@bigfoot.com> wrote:
>
>>Actually, the 2 websites that are pertinent here approach the same tax
>>amount from different directions:
>>
>>Site 1 (http://www.bussvc.wisc.edu/ecbs/uw11...ercentage.html):
>>Taxable: 2,273.31
>>Less: 869.00
>>=Basis: 1,404.31
>>x 15%=: 210.65
>>+ base: 56.10
>>Tax: 266.75
>>
>>
>>
>>Site 2 (http://www.irs.gov/publications/p15a/21453t30.html):
>>Taxable: 2,273.31
>>Less: 495.00
>>=Basis: 1,778.31
>>x 15%=: 266.75
>>
>>
>>Regards,
>>Ron
>>
>
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