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Brown Cafe UPS Forum
UPS Union Issues
Retro checks
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<blockquote data-quote="gman042" data-source="post: 1308608" data-attributes="member: 36560"><p>It is my understanding that only "extra" pay over and above what you would have worked in a year can be taxed at 40%. That is...pay that could be viewed as a bonus(option days, and vacation weeks not used). This retro check, as it is being called, is pay that we should have earned over the period and should be viewed as a regular pay check. Taxed at regular levels. By all means it is in no way a "bonus" check.</p></blockquote><p></p>
[QUOTE="gman042, post: 1308608, member: 36560"] It is my understanding that only "extra" pay over and above what you would have worked in a year can be taxed at 40%. That is...pay that could be viewed as a bonus(option days, and vacation weeks not used). This retro check, as it is being called, is pay that we should have earned over the period and should be viewed as a regular pay check. Taxed at regular levels. By all means it is in no way a "bonus" check. [/QUOTE]
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