#appropriately

Need honest opinion about buying an appropriately sized house or staying in our small one

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Need honest opinion about buying an appropriately sized house or staying in our small one Please help, my wife and I are driving ourselves insane trying to figure out if this is a good idea or not. We are a single income household, and we bought in 2020 a 3 level split home at 2.5% interest. Our mortgage is $1210/month. We have two children, 6 and 14 months. Our 14 month old’s bedroom is considerably smaller than the other bedrooms,…

Reddit Personal Finance 359 2024-07-06

Is my company handling bonus pay appropriately, and why can’t I figure out what my tax burden is?

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Is my company handling bonus pay appropriately, and why can’t I figure out what my tax burden is? Last year I received a retention bonus of $10k, and it was processed through payroll as my regular paychecks are. So my income was reported as, say, $100k instead of $90k at year end. When I received the bonus, payroll took out percentage based contributions for 401k and taxes based on the entirety as well. When I did my taxes, I ended up unexpe…

Reddit Personal Finance 187 2023-08-18