Spill! Nannies, what did you get for Christmas?

[Anonymous]

Anonymous wrote:Big bonus? Gifts? Nothing?

. My and mature boss got punished for there actions therefore I got $1500 bonus at Christmas. Boss what goes around comes around

[Anonymous]

Anonymous wrote:

Anonymous wrote:Big bonus? Gifts? Nothing?

. My and mature boss got punished for there actions therefore I got $1500 bonus at Christmas. Boss what goes around comes around

. ^^. ^^ I joy !!

[Anonymous]

Anonymous wrote:I agree she needed to be fired, but how
do you know she only feed her toast?

All the bread was going missing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For those who received bonuses: Was your bonus taxed? Mine gets taxed at the tax rate for bonuses, @33%.

There is no "tax rate for bonuses."

Your income is all taxed at the applicable rate(s) for your income More gets taken out of a lump sum payment like a bonus because it appears to be a larger check knocking you into a higher tax bracket. It will even itself out when you do your taxes.

You don't get "knocked into a higher tax bracket " bc you received an extra or larger check one single time. That's a ridiculous thought. Bonuses are indeed taxed at a higher rate. Mine as a nanny are, as are my DH's much larger bonuses.

Some people are given cash, which is not taxed at all.

Seems you are a little naive to accounting. There are tables/charts / computer programs that are used - the dollar amount of the cheque is what is taxed. So it's taxed at whatever bracket it falls should you make that amount all year. It will even out when you do your taxes and you'll likely get some of that money back.

No dear, you do not get knocked into a higher tax bracket when you receive an additional check for less that a typical check would be. Bonuses are indeed taxed at a different rate. You are obviously not an accountant. Next time do a quick Google search prior to "correcting" a stranger on the internet.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For those who received bonuses: Was your bonus taxed? Mine gets taxed at the tax rate for bonuses, @33%.

There is no "tax rate for bonuses."

Your income is all taxed at the applicable rate(s) for your income More gets taken out of a lump sum payment like a bonus because it appears to be a larger check knocking you into a higher tax bracket. It will even itself out when you do your taxes.

You don't get "knocked into a higher tax bracket " bc you received an extra or larger check one single time. That's a ridiculous thought. Bonuses are indeed taxed at a higher rate. Mine as a nanny are, as are my DH's much larger bonuses.

Some people are given cash, which is not taxed at all.

Seems you are a little naive to accounting. There are tables/charts / computer programs that are used - the dollar amount of the cheque is what is taxed. So it's taxed at whatever bracket it falls should you make that amount all year. It will even out when you do your taxes and you'll likely get some of that money back.

No dear, you do not get knocked into a higher tax bracket when you receive an additional check for less that a typical check would be. Bonuses are indeed taxed at a different rate. You are obviously not an accountant. Next time do a quick Google search prior to "correcting" a stranger on the internet.

NP and CPA, bonuses are not taxes at a special rate, your bonus is part of your income taxes at your overall tax rate for the year. You look a little foolish defended something you clearly don't understand.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For those who received bonuses: Was your bonus taxed? Mine gets taxed at the tax rate for bonuses, @33%.

There is no "tax rate for bonuses."

Your income is all taxed at the applicable rate(s) for your income More gets taken out of a lump sum payment like a bonus because it appears to be a larger check knocking you into a higher tax bracket. It will even itself out when you do your taxes.

You don't get "knocked into a higher tax bracket " bc you received an extra or larger check one single time. That's a ridiculous thought. Bonuses are indeed taxed at a higher rate. Mine as a nanny are, as are my DH's much larger bonuses.

Some people are given cash, which is not taxed at all.

Seems you are a little naive to accounting. There are tables/charts / computer programs that are used - the dollar amount of the cheque is what is taxed. So it's taxed at whatever bracket it falls should you make that amount all year. It will even out when you do your taxes and you'll likely get some of that money back.

No dear, you do not get knocked into a higher tax bracket when you receive an additional check for less that a typical check would be. Bonuses are indeed taxed at a different rate. You are obviously not an accountant. Next time do a quick Google search prior to "correcting" a stranger on the internet.

NP and CPA, bonuses are not taxes at a special rate, your bonus is part of your income taxes at your overall tax rate for the year. You look a little foolish defended something you clearly don't understand.

At the end of the year, all your income is treated the same. At the time of receiving/giving a bonus check, it is indeed taxed at a specific rate, I believe 33%, refardless if your tax bracket.

[Anonymous]

From one family I got $200 , despite the fact that they took about 3 1/2 weeks off between Thanksgiving and Christmas causing me to lose over $1000 pay (they do not give me paid vacations)

From my other family I got a Starbucks gift basket from Walmart (knowing I have severe food allergies) she states, "I know you cannot eat anything in there. I hope someone in your family can- sorry."

Needless to say I don't feel very valued or appreciated along with the fact that I haven't been offered a raise for 2 years.

[Anonymous]

On top of getting the week after Christmas off (paid) I was supposed to actually work this week and got $300 cash.

[Anonymous]

$400 bonus taxed ....I wish they had just a gift card

[Anonymous]

Anonymous wrote:$400 bonus taxed ....I wish they had just a gift card

I'd rather have the bonus any day. Keep the gift card, unless it's Visa, AmEx or something that can be used absolutely anywhere.

[Anonymous]

50 shades of gray box set---straight to the trash

[Anonymous]

Still waiting

[Anonymous]

Anonymous wrote:50 shades of gray box set---straight to the trash

Hmm, I would have returned it to the store/online site. Or if I had no clue where my employer bought it, I would donate it to a library book sale. But that's me.