My employer overpaid me by 5x my usual
paycheck and is asking me to write a check
for the balance they overpaid. I don't have
an issue writing a check as I have done it
before when they overpay me (last time
was 3x my normal paycheck). I was
wondering how these mistakes are going
to affect me when I go to pay my taxes.
Any advice would be helpful!

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Posting as :
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They should be reversing the check their system and somehow running a manual check so your wages and taxes are correct. your check at 5x your normal amount will have been taxed at the higher rate most likely

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Thank you! I checked in my account on the payroll System they use and it looks like they fixed my paystub, but would the sole fact that the money came into my account be recorded on the “additional income” portion? Since it is reflected that I was paid that much but my corrected paystub doesn’t reflect the larger amount anymore.

First of all, what’s up with their accounting department (assuming they have one)?

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😂 glad you’re on top of things OP, that was going to be my recommendation. I’ve worked at a number of start-ups that were a range of shitshows and they all managed to employ accounting services to not fuck up employees’ salaries. Time to exit asap

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If they didn’t do that last time- they should have the option to amend your W2 as well.

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I would not write a personal check back. This is going to affect business taxes, also, and the CEO could be using this to show more costs on the business side to lessen the taxes they will have to pay. Sounds sus.

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Even though they fixed my paystub, does that automatically fix my W2 as well?

When this happened at my old job they let her keep it, but didn’t pay her for weeks.

It was a shady place for sure.

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