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/biz/ - Business & Finance

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12257935 No.12257935 [Reply] [Original]

I posted earlier today about how my company reimburses up to $360 a year for gym fees, but my reimbursement was taxed. I just got my response from HR today that the reimbursement is, in fact taxed.

What the fuck kind of sense does that make? I pay $500 in gym fees this year, my company will reimburse up to $90 a quarter, $360 for the year... And then the $360 they reimburse me gets taxed at 35 fucking percent.

I legit got $200 back from my $360 gym reimbursement, but the money I used to pay for the gym was already taxed at 35 percent from my income.

Jesus fucking Christ this is theft.

>> No.12257979

Stop whining goy and keep the money flowing to us

>> No.12257993

>he fell for the good goy $ meme
Nothing is free, buddy

>> No.12257999

>>12257935
Quit mooing, tax cattle

>> No.12258037

>>12257935

You're not supposed to get taxed on a reimbursement. Your company is probably accounting for it as a "wellness credit". Those do flow through your earned income. They probably do this to lower their group health care insurance expense as many group policies now have discounts for offering wellness programs.

tl;dr it's just the accounting. If you submitted travel expenses, those would not be taxed.

>> No.12258046
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12258046

Enjoy the peanuts goyim

>> No.12258047
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12258047

>>12257935
Expenses don't get taxed. Your HR department is doing something wrong

>> No.12258051
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12258051

What are you going to do about it you little bitch

>> No.12258053

>>12257979
this. just keep working, don't think

>> No.12258067

>>12257935
write it off as a cab to kinko's
https://youtu.be/pn64z8TmOa4

>> No.12258169

>>12258037
You're correct. It's a "wellness credit". I received $12k in travel expenses this year and they were tax free. I still feel like I'm being cheated out of $130 or so.

>> No.12258265

>>12258169

True. Hopefully you're saving $130 a year on your health care insurance premiums though since your employer if offering a wellness program. Tbh you're probably actually saving more than $130 per year because of the discount.

>> No.12258269

>>12257935
>IF THIS FAT GUY CAN TAKE YOU OUT IN TWO SECONDS
doubt it

>> No.12258497

>>12258047
It's a taxable benefit for you but a deductible expense for your employer. Yeah, sucks but those billions/trillions in debt need to be paid back.

>> No.12258537

>>12258497
Kek imagine Rothschilds faces if we just droned them to clear our debt