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| On Mar 19, 11:40 pm, Rich Carreiro <rlc-n...[at]rlcarr.com> wrote: - quote - > way...[at]gmail.com writes:
I think you nailed it, that's exactly what happened.> > I recently changed my Federal withholding from married/0 exemptions/ > > $150 extra per paycheck to married/4 exemptions/$0 extra withhold. > > And lo and behold, my MA withholding went up by almost $20. > > Nothing else changed - my gross pay, my deductions, pre-tax stuff, all > > of these amounts are the same. The only thing different between the > > two checks is that my Federal withholding went down (as I desired) and > > MA went up. > In the payperiod when your MA withholding changed (or the one before), > did the total of your year-to-date SS and Medicare withholdings hit > $2000? > MA allows a deduction for up to $2000 of the employee share of > payroll taxes and the MA withholding rules instruct employers > to withhold slightly lower until the payroll tax withholdings > hit $2000. > -- > Rich Carreiro rlc-n...[at]rlcarr.com Thanks! -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| way333[at]gmail.com writes: - quote - > I recently changed my Federal withholding from married/0 exemptions/
In the payperiod when your MA withholding changed (or the one before),> $150 extra per paycheck to married/4 exemptions/$0 extra withhold. > And lo and behold, my MA withholding went up by almost $20. > Nothing else changed - my gross pay, my deductions, pre-tax stuff, all > of these amounts are the same. The only thing different between the > two checks is that my Federal withholding went down (as I desired) and > MA went up. did the total of your year-to-date SS and Medicare withholdings hit $2000? MA allows a deduction for up to $2000 of the employee share of payroll taxes and the MA withholding rules instruct employers to withhold slightly lower until the payroll tax withholdings hit $2000. -- Rich Carreiro rlc-news[at]rlcarr.com -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| I recently changed my Federal withholding from married/0 exemptions/ $150 extra per paycheck to married/4 exemptions/$0 extra withhold. And lo and behold, my MA withholding went up by almost $20. Nothing else changed - my gross pay, my deductions, pre-tax stuff, all of these amounts are the same. The only thing different between the two checks is that my Federal withholding went down (as I desired) and MA went up. Can anyone explain why? My company's payroll department could only tell me that "lower Federal withholding causes higher state withholding", which makes no sense because there is nothing about MA income tax that is dependent in any way on how much you pay in Federal income tax (as far as I know). Thanks! -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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