Does this payroll accounting look right..?

[Halz]

This does not make too much sense.. it seems like I just somehow 'lost' 200 by turning in a timecard late for a week

1/08 - 32 hours, paid 761.46 on Friday 1/14
1/15 - 40 hours, paid 909.32 on Friday 1/21
1/22 - 40 hours, paid 909.31 on Friday 1/28
1/29 - 40 hours, late timecard. Not paid until next week.
2/05 - 40 hours, paid 1606.94 on Friday 2/11


What I was expecting to get paid on 2/11 would have been 1818.64, by my simple math.
The only thing I can guess as to what happened is.. they just added the hours together for the weekending 2/05, and I was taxed to a different tune.

This doesn't feel like how things are supposed to work..

 

[MisterJackson]

You got taxed more on the amount.

 

[Halz]

Yes, just like it looks like I got taxed less for a 32 hour week.. which is understandable; less money was earned in a certain period of time.
However, it is documented that I worked in a particular week, and should be paid for that given week.. reguardless of how it eventually adds up. Suppose I just waited until the end of the contract to bill them for all of the time; that would equal a huge loss in just 'crazy accounting'.

Am I just totally missing the point? what is the point..

 

[DaveSimmons]

The payroll software probably isn't coded to handle 1-week vs. 2-week wages, and calculates the taxes as if you put in overtime.

Note that this makes zero difference in how much you owe at the end of the year, just how much was taken out. So you'll get the $200 as a tax refund instead of having it now, but you'll still get it.

 

[kranky]

DaveSimmons is right.

You can verify for yourself by looking at the specific deductions. Some of your deductions may be a fixed dollar amount per pay and some are a percentage of your gross pay, like federal and state income tax, FICA (Social Security) and Medicare.

I bet you find that everything works out to be the same percentages except for your federal income tax deduction which is higher.

It's a good idea to be familiar with the amounts and percentages of the deductions from your pay just so you can make sure it's being done right.

 

[DaveCSparty]

It'll all work out by next april 15 right