Quote:
Originally Posted by MsGoGoMoto
That's really great for a salary, but it's not your salary as you're not guaranteed to make that amount since it fluctuates based on performance bonuses and incentives. Base income is your salary. Similar to a waiter's base salary and working for tips, except your extras are being taxed.
If you're listing your income for a loan or something like that, then all the bonuses you pulled in on your paycheck up to that point including base pay count as gross taxable income… for that year..
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I'm not really on salary. It's more commission. My YTD right now has of today is $19,877. Including bonuses (I've been hitting bonus since I started working here 2.5 months ago) and spiffs.
The YTD isn't going to go down. It'll just continue to rise. July is usually a slow month for car sales since folks are out on vacation. \
I was out for a week with on 1.5 car out. Came back and in two weeks sold 11.5 cars and hit the first bonus of 12 cars.
That's an extra $250 on top of my commission check and spiff.