Is that even legal? I guess it would be a 1099 for that amount. I didn’t ask why. I don’t plan to do it but I’m not sure what reason to give other than I don’t want to make more work for myself.
- dezmd@alien.topBEnglish1·10 months ago
- No, take out taxes as normal and do not allow an adjusted W-4 unless employee has a specific life event that would necessitate such a move (discovered wrong # of exemptions, got married, had kids/adopted, got divorced, other sort of changed filing status, or maybe some of those random farming and clergy items that us regular folk never get to do)
- If it’s a good, reliable employee that is on hard times or short on funds for a specific thing, you could always front a portion of their next paycheck by adding it to the current paycheck (including paying the appropriate amount of taxes) and then adjust down the next paycheck.
- Give them an early Christmas bonus (and be sure to take out the proper amount of tax, lol)