The number you put in Box E in no way decides how much you can or do spend on your family’s needs. This is simply the minimum amount that must be taxed as personal salary each month. Due to inflation, for the first time in many years, FBMI is increasing the suggested amount. Beginning with your January 2024 EOM, you should claim $600 per adult and $150 per child living at home
Friday Financial Tip #5: A Reminder for Your EOM
FBMI2024-03-07T21:15:57-06:00March 15th, 2024|Categories: FBMI Updates, Friday Financial Tip|Tags: Personal Salary|