Additional taxable income will always increase your liability. If you get pushed into a higher bracket, it's only the

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Oct 23, 2024
7:23:24pm

JB2JH All-American

Additional taxable income will always increase your liability. If you get pushed into a higher bracket, it's only the

income above the high end of the previous bracket that's taxed at the higher rate.

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JB2JH

Previous username: Cougarmayn
Bio page: JB2JH
Joined: Oct 27, 2007
Last login: Oct 23, 2024
Total posts: 1,613 (0 FO)

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Messages

Author

Time

Need some of that high quality CB career advice

Setpoint

6:47pm

Just keep in mind Overtime pay is taxed at a higher rate.

JohnnyC

6:56pm

Source? Overtime pay is taxed exactly the same as regular pay.

byuler

7:02pm

This is incorrect. Overtime pay is not taxed at a higher rate.

RdF3

7:02pm

Overtime hits your W2 the same as regular wages. I'm not following how it's taxed at a higher rate.

JB2JH

7:03pm

My bad: this is what I found after i posted my incorrect opinions…..

JohnnyC

7:15pm

Additional taxable income will always increase your liability. If you get pushed into a higher bracket, it's only the

JB2JH

7:23pm

I'd lay that out for my boss and see what suggestions he has. Seems like I'd

Parkercoug82

6:56pm

Tbh I’d imagine they’re already expecting to have to bump you that 20%

JollyGreenGiant

7:03pm

Lay out the numbers and let them know you don't want to take a paycut.

Tare

7:14pm

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