The Tax Man Kills Me Every Single Month
By Jim Bauer
@porwest (92589)
United States
April 15, 2022 6:55am CST
In my job I get paid in two ways. I receive a token hourly wage which I receive weekly, and I also get a commission from my sales, which I receive once a month.
Without a doubt the commissions are the real bread and butter.
But, it does come with a slight disadvantage. When you get the monthly commission on a weekly pay schedule, the government considers that your monthly commission is a weekly amount. And it gets taxed as though you receive this amount 52 weeks in a row, and that is the tax bracket you get slammed into.
In the end it still works out, because ultimately when you file taxes things "balance out," and your tax burden is greatly reduced, and sometimes still receive a refund.
But seeing the checks can be disgusting in the short term. On this last commission check, which I received this morning, the tax man took 40% of my pay.
Ouch.
Oh well. I guess getting to keep the 60% is still better than nothing. But it's like getting your head slammed into the door—with the door being a very large and heavy door.
6 people like this
5 responses
@LindaOHio (181642)
• United States
16 Apr 22
Well, you can justify it by knowing that at the end of the year it all works out. Save those pennies...retirement is one day closer!
3 people like this
@Blondie2222 (28611)
• United States
15 Apr 22
Yup I now that feeling all too well. I get paid every 2 weeks and it seems the tax man takes out almost 400 in taxes from my pay each time. So my checks seem more but in reality they are not after the tax is taken out, i still bring home a good amount but still annoying as well.
2 people like this
@porwest (92589)
• United States
16 Apr 22
At the end of the day it is an inevitable thing. But ouch anyway. An interesting little bit of trivia if you will. My accountant is the brother of cartoonists Glen and Gary McCoy of the series "The Flying McCoys." He may not have the humor of his brothers, but when he shows me my tax bill at least he gets a crazy, crying sort of laugh out of me.
@Blondie2222 (28611)
• United States
17 Apr 22
@porwest Right. I got the same amount back that I normally would but still sucks they take so much out of you for taxes.
1 person likes this
@porwest (92589)
• United States
17 Apr 22
@Blondie2222 We can do our best to vote against it. But most people seem to be unaware of the consequence of elections. We're stuck with the high taxes. lol
@sulynsi (2671)
• Canada
15 Apr 22
In Canada, there is a provision whereby commissioned employees may request tax relief at source by completing a form indicating anticipated expenses.
I wonder if there isn't a similar form equivalent in the US?
Of course, if you don't have a lot of expenses with your work, it won't be of much help, but it might be worth looking at.
2 people like this
@lovebuglena (44721)
• Staten Island, New York
16 Apr 22
Hubby gets paid weekly. Sometimes what he made on a certain car sale will get pushed to the following paycheck so the total amount is not as high on the current one. I guess he ends up paying less taxes this way.
I don't know how much those on commission get paid in base salary elsewhere or in other commission professions but his is $50/week. What a joke!
1 person likes this