My fault, I didnt check they withheld 0Ouch.
Mine just switched over and looking like they are still withholding the same amounts.
My fault, I didnt check they withheld 0Ouch.
Mine just switched over and looking like they are still withholding the same amounts.
I had withholding from ups/ibt, but when it switched over to central states, they didnt withold....im so screwed.
Just set an automatic weekly draw to your savings account. $20/week=$1080 every year. Guesstimate. Problem solved.In the state where I reside, when you submit the state withholding form to UPS, you indicate what county you live in and what county you work in. They are supposed to withhold the county tax based upon where you reside. If there is no county tax for the county I reside in, then it is withheld based upon the county I work in (obviously this may be different for other states.) The company (UPS) is responsible for withholding county tax based upon the county indicated on the withholding form. They failed to update their payroll system to show the current tax rate for my county as well as other counties in our state that changed their tax rate effective January 1st. That is where the problem lies. There is no HR in our building. The manager has been notified but so far, no changes have happened.
I already have additional money withheld from my paycheck from when I was self-employed at the beginning of my tenure with UPS. I guess it's just the principle of the matter. Every other employer is supposed to withhold taxes based on the guidelines provided by the feds or the state. Since UPS has outsourced just about everything of importance (HR/payroll/etc.) that matters to an employee and no one (management) "seems to know" who to contact to get an issue resolved.....it's just frustrating from an employee standpoint.Just set an automatic weekly draw to your savings account. $20/week=$1080 every year. Guesstimate. Problem solved.
In the state where I reside, you fill out a form similar to a W-4 form indicating your withholding choices and your county of residence and county of employment. It is the responsibility of the employer to make sure they are withholding based upon your selection. The state updates the tax withholding for the various counties several times each year. Most stay the same, but some occasionally are increased. Employers receive a newsletter from the state showing what percentage should be withheld for each county. In this instance, UPS is not withholding the new rate that went into effect as of 1/1/24. Again, not an issue for me but it could be for some of the long-term driver's making about $100,000 per year.....an additional $1,000 per year in taxes.State forms aren’t usually processed through upsers persay.
Some states require specific forms. Some dontState Withholding Forms Vary By State
Learn more about state tax withholding forms with help from H&R Block. You may need to fill out a W-4 state form on top of a W-4 federal form.www.hrblock.com
Some states use your federal form as a guide.
Upsers let’s you update your federal w-4 online. From there, it may be up to you to see if there are any state or local changes being applied. It may be you that needs to fax or upload a new form (maybe add in extra withholdings to be safe?).
Doesn’t your state use a website to file taxes for free? One could make quarterly prepayments if you’re that worried about there being a big difference.
Exactly what I just did, thank you.I did an extra 200 per month.Just set an automatic weekly draw to your savings account. $20/week=$1080 every year. Guesstimate. Problem solved.
Only one time did I end up owing over 1000 but that was because of capital gains and not pension. I usually come very close to breaking even at the end of the year.Exactly what I just did, thank you.I did an extra 200 per month.
I just pay out of my checking account. We make 45hr. No need for me to setup a separate fund. Here you pay taxes in the city where you work.Exactly what I just did, thank you.I did an extra 200 per month.
I would much rather not pay enough than pay too much and give the government an interest free loan. I love the feeling of paying 1500 that I know is going to someone with no job and 4 kids.I just pay out of my checking account. We make 45hr. No need for me to setup a separate fund. Here you pay taxes in the city where you work.
There's nothing wrong with having a couple separate accounts for different goalsI just pay out of my checking account. We make 45hr. No need for me to setup a separate fund. Here you pay taxes in the city where you work.
Setup a separate fund/account? Everyone likely has a checking AND savings account.I just pay out of my checking account. We make 45hr. No need for me to setup a separate fund. Here you pay taxes in the city where you work.