8.21.2003

how fucking fantabulous...

ok, so i got a 5% pay increase. good for me. it was supposed to start on june 1st, so, on this paycheck, i got a tiny bit of retro pay. however...

i also got charged for the taxable value of my tuition benefit, all $1,192.33 of it. (in case you're wondering, that isn't quite what i actually make, but it's dangerously close.) and you know what that means...

i just got the shit kicked out of me in taxes. big time. i mean it. my total taxes for this pay period are $930.76. what are they usually? well, last pay period they were $361.99. so, yeah...almost three times as much in taxes. beautiful.

so, my actual take-home pay for this paycheck is actually over $150 less than what i've been making.

...and that was only for one class. i can't wait to get hammered for two classes next quarter. maybe i'll end up owing money.

if i could find one "good thing", as martha would say, about this situation, it would have to be that at least it isn't going to happen every pay period.

update: yeah, that "good thing"? not true. i'm going to be in this situation for a total of three pay periods. i guess i'd better monitor the logistics of my money very carefully for the next month, eh?

posted by Lynne 10:09:00 AM