188
votes
Handling waitress unclaimed pay from three years ago
You (or whoever is responsible for that) look into the old books to see if the payslips were paid out. There should also be a folder with old payslips where the ones in question should be missing.
...
- 1,613
70
votes
Handling waitress unclaimed pay from three years ago
Talk to the owner or the manager. You don't want to be responsible for paying money for a payslip that already has been paid.
As you have noted this is highly unusual for somebody to hold onto these ...
- 136k
44
votes
Does a bank have to tell me if a check made out to me was cashed there?
You are going about this wrong.
To start with your actual question, no your friend's bank has no duty or right to tell you about anything that your friend did as part of their banking.
What you ...
- 33.1k
30
votes
Will it hurt my credit to keep a bank account at a credit union, but not use it?
No, it won't hurt your credit.
26
votes
Accepted
Will it hurt my credit to keep a bank account at a credit union, but not use it?
Savings and checking accounts do not appear on your credit report, and therefore do not affect your credit score in any way.
Credit reports only show debts and your payment history on those debts. ...
- 115k
25
votes
Accepted
Difference between weekly and biweekly paychecks
Many payroll systems calculate tax withholding based on the period (in isolation), as if what you earned that period is what you will earn every period for the year. They basically say, this period's ...
- 69.1k
19
votes
Accepted
Will change of address affect direct deposit?
No, a change of address should not affect direct deposit. In fact, most direct deposit forms don't even ask for your personal mailing address. Your assumption is correct that the routing and account ...
- 47.2k
15
votes
Does a bank have to tell me if a check made out to me was cashed there?
No, they do not. However that is the wrong side of an XY problem. You really want your paycheck! As such I will answer that. This is called a "frame challenge" and is legit here.
Also keep in mind ...
14
votes
Handling waitress unclaimed pay from three years ago
Now she wants me to bring them into the office to see if they are any good.
Why are you invovled?
Why isn't she coming to the office?
How is this situation handled?
Give them back to her and ...
- 1,424
12
votes
What happens if I intentionally throw out a paycheck?
How/when does my employer find out? Do they get a report from their
bank stating that "check 1234 for $1212.12 paid to John Doe was never
deposited" or does it manifest itself as an eventual ...
- 136k
10
votes
What happens if I intentionally throw out a paycheck?
In a nutshell, throwing your taxable income in the trash does not remove it from your taxable income; you still have to report in your tax filing, and pay taxes as needed.
Especially as you could at ...
- 37.6k
9
votes
My first pay had taxes withheld. How to get the personal allowance for income tax?
You haven't given enough information to identify the reason for tax being withheld, but there are a few possibilities:
Depending on the period of pay covered, you might correctly owe income tax on it....
- 27.9k
9
votes
How to cash my brother's check
It depends on the jurisdiction and perhaps also the specific bank.
In Australia, for example, “cashing” a cheque means getting cash upon presentation of the cheque, without going through The waiting ...
- 9,332
8
votes
Will it hurt my credit to keep a bank account at a credit union, but not use it?
The risk to your credit in having an open bank account that you don't touch is that you will eventually incur a fee of some sort, and then end up in collections if you don't pay it off (perhaps ...
- 35.7k
8
votes
Difference between weekly and biweekly paychecks
Keep in mind that tax withholdings will be reconciled when you file, so if you "get more" today, that may results in a larger tax bill when you file, and vice-versa. Your total tax paid for the year ...
- 131k
8
votes
Is a 10 year old uncashed paycheck still good?
You probably can't deposit the check directly, but there are mechanisms in place to get your money through other means. In the US, all states and territories have an unclaimed property registry. ...
- 32.7k
7
votes
Can I find the name on this account
This is not your problem and you should not try to fix it.
If your employer paid money into someone else's account instead of yours they should ask their bank to reverse it and should pay you your ...
- 33.1k
7
votes
paycheck tax withholding ?
The IRS instructions cover this situation. In the absence of a valid completed W-4, an employer must withhold at the highest rate - single with 0 allowances. This is covered in the first paragraph ...
- 2,131
7
votes
Accepted
Calculate federal withholding based on number of dependents
The number of withholdings you have is based on your W-4, of which your number of dependents is a factor, but not the only one. Whether you're married, whether your spouse works, your income levels, ...
- 5,097
7
votes
Handling waitress unclaimed pay from three years ago
If the payslips are genuine, and if you're confident there is no scam going on, then you should pay. To be safe, you should check with your manager first.
- 22.4k
7
votes
Accepted
Year of 401k contribution for last paycheck?
W-2 and 401(k) are based on the Pay Date, not the Period Beginning and Period Ending dates.
Split things up would be a big complication.
Individual wage and 1099 employees always(?) whether they ...
- 50.6k
6
votes
Difference between weekly and biweekly paychecks
I suspect the answer is very simple -- the accounting system didn't bother to compute tax withholding for the first paycheck based on one week of work -- it computed based on two weeks of work. That ...
- 1,191
6
votes
Accepted
Why is my federal tax lower than my FICA?
For most employees each paycheck is handled in isolation. The tax calculations don't care what you made last paycheck or what you will make next paycheck. The employer doesn't know what you made or ...
- 136k
6
votes
Accepted
How is federal tax withholding calculated per paycheck?
The IRS publishes an exhaustive set of explicit lookup tables in Publication 15
Determine the payroll period-weekly, biweekly, monthly, etc. For bonuses and exceptional payments there several ...
- 8,348
6
votes
Will I get a tax refund if my bonus+regular paycheck brings me above a tax bracket for that month?
This is an old question, but I don't see the kind of answer that I would have given. Since the question is still valid for others, going ahead and answering.
From my understanding, bonuses are ...
- 21k
5
votes
Can My Employer Charge Me a Fee to Get a Mailed Check Instead of Direct Deposit?
I have worked for several different companies over the years.
Besides deduction for the expected thing: taxes, social security, insurance, retirement. I have also worked for companies that had a ...
- 136k
5
votes
Mistakenly wrote "dollars" in dollars section of check
Ignore it. Having both a numeric and a written-out representation of the amount simply serves to confirm that the amount is correct, and to prevent tampering (e.g. recipient adds an extra 0 to the ...
- 9,505
5
votes
Accepted
Do Checks expire?
Short answer : YES
There's no such things as a perpetual check.
As a general rule of thumb (and this is a U.S. answer), checks should be good so long as the bank on which they're issued is willing to ...
- 5,370
4
votes
Safest bet for monthly billing dates when paid bi-weekly
This boils down to a cash flow management problem and there are software solutions for this out there. I am unsure of cost or quality, but that is the gist of the problem you are trying to solve. ...
- 76.1k
4
votes
How is federal tax withholding calculated per paycheck?
The short answer is "it depends."
Generally, your employer (or more accurately your employer's payroll vendor) will use the gross amount of your payment, times the number of pay-periods to derive an ...
- 49k
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