Honeymoon is over–payroll taxes have gone up in 2010

Well the honeymoon is over on our payroll tax relief we saw in 2009. I couldn’t figure out what happened to my husband’s paycheck. We had to switch to a new HMO, with less coverage unfortunately, but it is also cheaper so we thought we would see a little bit of a bump up on the paycheck. No such luck, comparing 2009 and 2010 paystubs, looks like taxes have increased, uggg. So if your paycheck has changed and can’t figure out the reasoning compare the paystubs and you will see an increase in FIT and FICA. I guess it was good while it lasted, but a bit painful to swallow when they yank it away again.

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~ by debt2dreams on January 21, 2010.

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