Tell me if I have this wrong. I am good at math but might not completely understand how the tax system works.
40 hrs. = X dollars - taxes now
OT = X dollars - taxes now
OT will probably put you in a higher tax bracket and you will either owe the government or will get a smaller refund because of it.
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40 hrs. = X dollars - taxes
OT = X dollars
OT will put you in a possibly higher tax bracket because you brought home even more money that was not taxed. If there isn’t a special box to check on your W2 when filing your return, then the tax break you got on overtime will be paid here.