The Christmas Bonus came in the mail yesterday. We weren't expecting it until the 19th. It was the same as last year, gross, but less net as they took out some for 401K and 25% for taxes, which they do for all bonuses no matter how big or how small. Gubmint has to catch those super bonuses after all from those tax evading CEO's, by going after everyone who gets them right off the top. We'll get most of it back when we file our income taxes, though.
I am tentatively setting aside $1000 for DH's bachelor's program, and $1000 to the Emergency Fund. I'm not going to decide on the rest of it until I know for sure the exact dollar amount on the van repair. I'd like to set aside more for the bachelor's program. Ideally I'd like to have enough for two classes that he could take back to back. He does one at a time. And then we'd have the income tax return to pay for the next couple classes by the time he'd finished the first two.
$10,000.00 Beginning EF Balance
+_1,000.00 Amount Added
-------------
$11,000.00 New EF Balance
Christmas Bonus
December 17th, 2014 at 02:09 am
December 17th, 2014 at 03:47 am 1418788073
December 17th, 2014 at 01:26 pm 1418822766
December 17th, 2014 at 05:26 pm 1418837192
December 17th, 2014 at 05:50 pm 1418838639
Of course, that's not your actual salary, which is why a lot of it gets refunded at tax time. But it isn't that it's a special bonus tax, is just that your salary is higher for that paycheck.