<quickcur[at]yahoo.com> wrote

- quote -

If you took the time off, then no, it doesn't sound right to
me. If they are paying you for unused vacation, as fewer
and fewer companies do these days, then yes, it would be in
addition to your worked time.

--
Paul A. Thomas, CPA
Athens, Georgia

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quickcur[at]yahoo.com <quickcur[at]yahoo.com> wrote:

- quote -

Only if you were actualy paid 52,000.

__
Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

quickcur[at]yahoo.com <quickcur[at]yahoo.com> wrote:
- quote -

If the $50,000 is the total amount you were paid (including
withholding), then it's the amount you should be taxed (and
withheld) on.

Seth

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

"quickcur[at]yahoo.com" <quickcur[at]yahoo.com> wrote:

- quote -

Is the $2,000 the money they paid to you while on vacation?

Or is it in addition to the money you actually got as a way
to somehow tax you for the value of time off when but that
you didn't actually get in cash?

If it's the latter, it's not right.

Stu

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

Hi,

I found that PTO (Paid time off) was added by my employeer
to my regular salary to compute total income and tax. For
example,

If my salary is $50000 and I have take 10 days of PTO (or
vacations), my total income became $50000 + 10 days salary
~= $52000.

Is this right?

Thanks,

qq

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >