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Paid time off and tax

Hi,

I found that PTO (Paid time off) was added by my employeer to my regular salary to compute total income and tax. For example,

If my salary is $50000 and I have take 10 days of PTO (or vacations), my total income became $50000 + 10 days salary ~= $52000.

Is this right?

Thanks,

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Reply to
quickcur
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Is the $2,000 the money they paid to you while on vacation?

Or is it in addition to the money you actually got as a way to somehow tax you for the value of time off when but that you didn't actually get in cash?

If it's the latter, it's not right.

Stu

Reply to
Stuart A. Bronstein

Only if you were actualy paid 52,000.

__ Art Kamlet ArtKamlet @ AOL.com Columbus OH K2PZH

Reply to
Arthur Kamlet

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