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To: Jane Long

So, my paycheck won’t be taking out federal income taxes until the end of the year?


137 posted on 08/07/2020 5:05:56 PM PDT by RandallFlagg (Fact: Gun control laws kill innocents.)
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To: RandallFlagg

We’ll see. But for my family, that will be a lot better than a one-time check, even if the check were bigger than the ones we got before.


143 posted on 08/07/2020 5:09:26 PM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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To: RandallFlagg
So, my paycheck won’t be taking out federal income taxes until the end of the year?

Unknown. I remember reading an article that some employers may still collect the tax and then pay it when the end of the year arrives. Trying to find article now.

149 posted on 08/07/2020 5:12:13 PM PDT by Fury (.)
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To: RandallFlagg

Not all, just the payroll tax. If your making $40k a year it’ll add up to the $1200 range.


170 posted on 08/07/2020 5:18:51 PM PDT by moehoward
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To: RandallFlagg
my notes say it was payroll taxes so whatever you pay into social security.

Here's my notes on that bit: "unemployment benefits extended to end of the year. student loan payments deferred until further notice. eviction moratorium extended. payroll taxes deferred until end of the year, retroactive to July 1st."

He said the orders are being drafted and could be signed by the end of the (new?) week.

176 posted on 08/07/2020 5:20:37 PM PDT by newzjunkey (Vote Giant Meteor in 2020)
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