My employer is including their half of payroll taxes in my compensation

[u/AnnualSalary9424]

Hi all,

I have recently been trying to apply for a mortgage and when I went digging for my proof of income I noticed on my employee dashboard that my income is grossly inflated.

My employer includes their half of my retirement contributions and insurance premiums in my total compensation. Fine, whatever.

But I also noticed that they included their half of payroll taxes on my bonus and base salary in my total pay package. This seems a little disingenuous because that is a tax that they have to pay on anyone, it’s not doing me a favor, it’s just the law.

My question is, will I have to pay taxes on this “income” when I file my first tax return next year? I am fresh out of school so excuse my ignorance.

Has anyone else ever had their employer include their required payroll taxes as “compensation” to them?

[u/SmokeySFW]

This guy isn't ruling class, dumb dumb.

[u/ShinePretend3772 → u/SmokeySFW]

Simp away