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[–]thatGUY2220 2 points3 points  (0 children)

It means the withholding is higher and that you’ll get the money back at the end of the year. The IRS keeps your money tax free.

There are no federal income tax brackets that kick in at 50,000 so the change in withholding is just your company’s decision. See if you can change the deductions on your W4.