Brownsocks
Just a dog
12k is like 3 weeks work in my family. Chump change really.Nope sitting in my home calmly ready to submit my own taxes. Ready to collect my 12k. No anxiety here. Have a wonderful day
W2's
- Thread starter parks269
- Start date
How noisy are some of you with your coworkers w2s as far as deductions (stocks/Ira/401ks) or even their withholding status?
I try/have tried for years to get some of my coworkers to look into the retirement saving tax credit. Some were using this as their only job (they worked here for the benefits) so they were well below the $20,000 threshold. But nope, few tend to even use the pretax 401k benefits or claiming exempt. They don’t see the tax refund as an overpayment, they see it as free money. I’ve given up trying to help others.
As far as being noisy, how many drivers do you think buy stocks, use the pretax 401k system to lower their gross income versus those who get huge ‘refunds’ and waste it on junk come February because they see it as free money?
I try/have tried for years to get some of my coworkers to look into the retirement saving tax credit. Some were using this as their only job (they worked here for the benefits) so they were well below the $20,000 threshold. But nope, few tend to even use the pretax 401k benefits or claiming exempt. They don’t see the tax refund as an overpayment, they see it as free money. I’ve given up trying to help others.
As far as being noisy, how many drivers do you think buy stocks, use the pretax 401k system to lower their gross income versus those who get huge ‘refunds’ and waste it on junk come February because they see it as free money?
How would a driver overwithhold this amount of money? Are they having $200 extra withheld every paycheck? Having kids should yield a child tax credit. But usually you’re just getting back what you overpaid. $12k is a lot to be overpaid on.
He could put $200 into a pre tax 401k and lowered your agi by $10,400, and saw an immediate $1,000 tax break. Instead they’re happy about a $12,000 overpayment? Am I reading this right?
Commercial Inside Release
Well-Known Member
Gotta quit being nosey... Their just a bunch of truck drivers and grunts.
Be a driver helper next peak, and find out in person.
Be a driver helper next peak, and find out in person.
Commercial Inside Release
Well-Known Member
Probably has a 1 (or maybe 0 if it's still possible,) on his W-4 and has several kids while also being head of household.
UPS rarely puts a paper W-4 in front of drivers, the form is handled electronically in India by clueless people... Or, he got married and started a family without modifying his W-4.
Average UPSer doesn't know what a W-4 is.
I have NOT been lurking
Eat. Sleep. Work. Jork.
Snail mail delivered it. Made less this year. Thanks Tomebergowitz, now jump in an oven
ski or die
Ski or Die
Today is 1-31-24 and mail just delivered. Still no W2. Called Local and was told they just mailed them today. Hopefully they sent them next day air by a reliable company.
pkgdriver
Well-Known Member
Well… they made the deadline.
KearsargeCoop
Baseball, dart board
Right, like @pkgdriver days, mailed by 1-31
I got mine two weeks ago
Operational needs
Virescit Vulnere Virtus
Only if you gave them the right address.
Operational needs
Virescit Vulnere Virtus
How much do you want to bet that he/she has moved 3 or 4 times since they last gave their address to UPS.
MyTripisCut
Never bought my own handtruck
That’s the spirit! Rah!Rah!
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