CAPT_Howdy
Forum Addict
The government - federal and state.
In one month, I will be leaving my job of almost 10 and a half years. As part of our contract, we will be getting a buyout of about $45K USD. Great, right? Well that's what I thought until I learned that after taxes that $45K shrinks to about $25K USD. So, I went to the corporate HR website to fill out a new W4 income tax withholding form, claiming "exempt" status. It turns out my company sends notification to the IRS and the state tax board asking if it's okay if I claim tax exempt status. Why do they care? IT'S MY MONEY! It's not the government's job to decide how much of my money they should let me have! Thank Crom I am moving to a state with no state income tax.
So, my exempt status may be denied by my own government, and instead of getting a nice $20-25K car, I may have to settle for a less nice $15K car. So instead of instead of driving home in triumph in this:
https://pic.armedcats.net/p/ph/phoenixsac/2011/08/24/7383118-3-5-b3498013.jpg
I will be carried home in this:
https://pic.armedcats.net/p/ph/phoenixsac/2011/08/24/7564259-3-5-0ae6edc4.jpg
As annoyances go, it's not that big an annoyance - compared to others here - but it grinds my gears nonetheless.
In one month, I will be leaving my job of almost 10 and a half years. As part of our contract, we will be getting a buyout of about $45K USD. Great, right? Well that's what I thought until I learned that after taxes that $45K shrinks to about $25K USD. So, I went to the corporate HR website to fill out a new W4 income tax withholding form, claiming "exempt" status. It turns out my company sends notification to the IRS and the state tax board asking if it's okay if I claim tax exempt status. Why do they care? IT'S MY MONEY! It's not the government's job to decide how much of my money they should let me have! Thank Crom I am moving to a state with no state income tax.
So, my exempt status may be denied by my own government, and instead of getting a nice $20-25K car, I may have to settle for a less nice $15K car. So instead of instead of driving home in triumph in this:
https://pic.armedcats.net/p/ph/phoenixsac/2011/08/24/7383118-3-5-b3498013.jpg
I will be carried home in this:
https://pic.armedcats.net/p/ph/phoenixsac/2011/08/24/7564259-3-5-0ae6edc4.jpg
As annoyances go, it's not that big an annoyance - compared to others here - but it grinds my gears nonetheless.