Post # 1
Did you end up having to pay taxes when you filed your return? I’ve heard mixed reviews. My EI payments are $482/week and they are taking $16 off for federal taxes. My husband makes about $52k a year. I just don’t want to be screwed over next year when I file our taxes.
Post # 2
I think you should probably speak to an accounant to be sure.
I honestly don’t remember …we have to pay in a buttload for taxes every year because DH has his own business.
I know that I have also heard mixed responses to my friends that have been on Mat leave. Some have had to pay in at tax time, others have not.
Post # 3
I had to pay, and it totally came as a surprise! I was getting a top up with tax deducted, and tax was being deducted from my EI, and we ended up owing 2 grand in taxes!
Post # 4
awakemysoul: What you owe in taxes is based on your total income from all sources. If you were working full time the year before and your income is less this year because of mat leave, then I would imagine you would be paying close to the same if you’re getting a top-up to 100%. Maybe slighlty more if that’s the case because EI isn’t deducting all that much, probably not as much as your work is deducting.
Post # 5
No top up. I worked until March 31.
Post # 6
I was wondering the same thing. My work decided to top me up only 10% – I’m the first one in the history of the organization to go on mat leave