Two Things You Should Know About MTA Payroll Taxing Retroactive Pay
1-If you defer any amount of your retroactive pay you will still pay: Social Security tax 6.2%+ Medicare tax 1.45%=7.65% in taxes on the deferred portion of your retroactive pay. If you designate the entire amount of the retroactive, yourRead more about Two Things You Should Know About MTA Payroll Taxing Retroactive Pay
