Confused about dues & estimated tax credit

[lilpooh108]

I know I'm not reading my dues statement right...can someone explain why the online statement shows a credit and then takes away the credit?

Here is how part of my statement reads for a smaller contract:

12.16.2012 Adjustment $ 8.37 Tax Adjustment $ 303.75
12.16.2012 Adjustment $ 8.37 Tax Adjustment $ 312.12
12.16.2012 Charge $ 312.12 Annual Dues Billing $ 303.75
12.16.2012 Adjustment $ 48.79 Actual Taxes <$ 8.37>
12.16.2012 Adjustment $ 57.16 Estimated Taxes <$ 57.16>
02.02.2012 Adjustment $ 304.12 Reapply Payment $ 0.00


***Why does it add $8.37 for an over-estimation (prior payment) in taxes, and then takes it away?

Thanks.

 

[erionm]

I would suggest calling Member Accounting tomorrow and ask them. They can be reached at the same number as MS, but a different option on the phone tree.

 

[LisaS]

I know I'm not reading my dues statement right...can someone explain why the online statement shows a credit and then takes away the credit?

Here is how part of my statement reads for a smaller contract:

12.16.2012 Adjustment $ 8.37 Tax Adjustment $ 303.75
12.16.2012 Adjustment $ 8.37 Tax Adjustment $ 312.12
12.16.2012 Charge $ 312.12 Annual Dues Billing $ 303.75
12.16.2012 Adjustment $ 48.79 Actual Taxes <$ 8.37>
12.16.2012 Adjustment $ 57.16 Estimated Taxes <$ 57.16>
02.02.2012 Adjustment $ 304.12 Reapply Payment $ 0.00


***Why does it add $8.37 for an over-estimation (prior payment) in taxes, and then takes it away?

Thanks.

The dues for each of my contracts looks just like yours. My last monthly payment was applied leaving a zero balance. The estimated taxes and actual taxes are listed next, leaving a small credit. The annual dues amount is applied with the balance reflecting that small tax credit. Then they added that tax back in and took it out again. The final balance appears to be correct.