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Why does my Initial Enlistment Bonus not add up?
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I originally enlisted into the army for 30 thousand dollars for 4 years. Well every year I get $6,666.67 dollars. Well after 4 years that adds up to only $26,666.68 dollars. This is before the taxes are taken out. But i'm not sure where the rest of 3 thousand dollars are. Will they be included in my 4th and final payment?
 
Posts: 7 | Registered: 30 September 2010Reply With QuoteReport This Post

Picture of TheWiseChief
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I was looking at your other posts and saw this was not answered. I hope your realized that your bonus will get pre-taxed before you get your cut. But I guess you already found that out. And since you do have three kids; I understand your concerns.
 
Posts: 1902 | Registered: 04 February 2012Reply With QuoteReport This Post

Picture of MSG W
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It is taxed. Look at your past W2 and see how much you paid for taxes. It is taxed before it gets to you, like Chief said.
 
Posts: 403 | Location: Ft. Lewis, WA | Registered: 30 May 2008Reply With QuoteReport This Post
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