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#1
Dec 31, 2017, 07:00 PM
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Hi everybody,, Happy New Year. Just a note for those of you who have not heard. Effective tommorrow all Annuties and pensions will be taxed, so if you receive a pension or an annuity and have not had taxes taken out you need to ck with your employer and see if you will be taxed. I rec a pension and I already pay a tax, but I have to fill out a new Wp-4 form, my old one is invalid. If I don't, I will be taxed at a 6.99% rate which can be high dep nding on your income level. So ck with your employers because th packets should be sent out to all who receive pensions.
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 emgreen, Skeezyks, Yoda
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#2
Jan 07, 2018, 04:55 PM
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Thanks for your info Wish they could fix the unfair SS marriage tax.. $25, 000. Income for singles before SS taxed. Only $32,000 for marrieds before SS taxed. Fair would be $50,000.? Still difficult to live on that amt. If only income. New 2018 tax law: according to radio host Bob Brinker: many other marriage tax penalty issues in effect. Unfair
Last edited by Saunder; Jan 07, 2018 at 07:34 PM. |
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