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Post by ghzhujwmao on May 21, 2023 4:12:00 GMT
The numbers on my paystub tell a different story from Turbotax you mentioned. 1. the withholding went up a lot when I received the allowance, so withholding is strongly tied to the allowance. The reimbursement also went up with the withholding, but hypo tax stayed the same as in other months. 2. hypo tax is collected by Aramco and goes to the company's pocket. Basically, Aramco says "Let me collect this amount of tax you should pay assuming the job is in USA, and I will handle all the taxes for you". Hypo tax is slightly different from the tax reimbursement even in the regular months, due to rent, medical insurance, and tax over tax reimbursement, etc. So they are not equal. In regular months, the reimbursement is slightly lower than the hypo tax. Million thanks! On item 1: when you said "withholding", did you mean hypo tax withholding or IRS tax withholding? Also it would be super great if you don't mind commenting briefly on item 1, 2, and 3 of my previous email! It is IRS tax withholding. For the reason to have hypo tax, reimbursement and IRS tax withholding, you can search ChatGPT to find out why. It is quite complicated.
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