taxes and over-time question

Tiggeroo

Grammar Nazi
Joined
Sep 16, 1999
Messages
11,334
DH is in a situation at work where he needs to put in alot of overtime for a little while. He always puts in some.
For several weeks he worked 60hrs. Very good paycheck. Then one week he worked 68hours. The difference between the two checks was only around a hundred dollars even though his hourly over-time rate is much higher then that. I actually thought he was already in a very high tax bracket. Is this typical? I ask because this week he's ended up working all weekend and it will be above that 60hr mark again.
Also, if you get called in to work on a holiday that is not paid, (Easter) and you are already in the ot zone what do you earn? Time and 1/2, double time, double time and 1/2?
Thanks
 
The more you make, the more is taken out relatively. DH just got his bonus, and over 40% was TAXES! The only good thing is that we'll get a lot of it back in the return next year, but it sucks that the computer thinks he's making a million dollars a year when his bonus check is processed. At least they process that check sperate from his regular payroll check--Oy!

Anne
 
so what it is is the computer thinks he makes that every week and bases his taxes on this yearly average? In this case we'll get a nice refund. But still they taxed him just over 30% for his whole check.
 
so what it is is the computer thinks he makes that every week and bases his taxes on this yearly average? In this case we'll get a nice refund. But still they taxed him just over 30% for his whole check.

Yup!

Anne
 

but as more and more checks are looking like this his refund will be less. I've been telling him he won't benefit from those extra hours and he needs to have a talk with his dispatcher about it.
 
but as more and more checks are looking like this his refund will be less. I've been telling him he won't benefit from those extra hours and he needs to have a talk with his dispatcher about it.

Not neccessarily. It's very rare that your OT will end up costing more in taxes than what you actually make, and usually only happens in lower-paying jobs where someone is pushed out of getting an EIC from the OT.

Anne
 
no, not conserned about ot costing him money. Only that instead of his much higher rate of ot he's really only making $10.per hour for all that exhausting work and time away from his family, like today on Easter getting called to NYC. Occasionally it's necessary in his line of work. But it has been happening alot. They just hired two new techs but it hasn't affected his situation any. The problem is he's a lead hvac/r tech. He can do commercial and industrial work in hvac as well as refrigeration. They don't have alot of lead techs/journeymen level. So when the problem is more difficult then average he's the one called. To make it worst the on-call guy is not answering his phone, and neither is anybody closer to NYC.
 
no, not conserned about ot costing him money. Only that instead of his much higher rate of ot he's really only making $10.per hour for all that exhausting work and time away from his family, like today on Easter getting called to NYC. Occasionally it's necessary in his line of work. But it has been happening alot. They just hired two new techs but it hasn't affected his situation any. The problem is he's a lead hvac/r tech. He can do commercial and industrial work in hvac as well as refrigeration. They don't have alot of lead techs/journeymen level. So when the problem is more difficult then average he's the one called. To make it worst the on-call guy is not answering his phone, and neither is anybody closer to NYC.

That's happened to DH, and he doesn't even get OT! It really sucks when the oncall's won't answer their pages. At DH's job, there's never even any reprimand for it. So they go down the list until someone answers, and it's usually him. :sad2:

Anne
 
I know at one job DH worked at because he was management, he was paid at 1/2 time instead of time and 1/2. It really made it not worth it to ever work any overtime, but it wasn't our call. The job required it. Could he be being paid at 1/2 time instead of time and 1/2?
 
where i retired from it was rare to get allot of overtime but when we did it came in big chunks. i personaly opted most of the time to take it as comp time instead of being paid for it, but when we wanted to get the actual money and see it now vs. in our tax return, we would file amended w-2's and increase our number of deductions so we would'nt get taxed at a higher rate. when the hours reverted back to normal payroll would have us do another w-2 back to our regular rate (we did this when we got our retro pay raises too-it once took 2 1/2 years for the union to hammer out the agreement and then the raise was being lumped into one paycheck-if we had'nt changed our deductions we would have had to wait almost a year to get it as a refund).
 
If I've said it once, I've said it a thousand times: I LOVE TAXES! April 15th is like Christmas for Progressives, and I look forward to it every year. I admit that I sometimes become mildly miffed that my paychecks keep getting smaller and smaller, but I'm fully cognizant that it's because the wealthiest Americans refuse to pay my fair share. Unlike greedy conservatives who cling to the fruits of their labor as if they actually "earned" them, I'm also mature enough to know that in a functioning society, confiscatory taxation is necessary in order to fund social services for the poor and vulnerable. People like little Julio, the blind, double-amputee child from Costa Rica who earns minimum wage working as a foot stool for a wealthy Republican banker. Or little Ashley, the blind, quadraplegic grandmother who spends her days slithering around the railroad tracks for discarded pop cans. While selfish conservatives would prefer we abandon poor Julio and Ashley for the sake of a few extra pennies in their paychecks, we must not let the fact that neither of these individuals exist harden our hearts to their suffering. Military spending notwithstanding, every tax that a benevolent state places on it's people is for their own good. Simply put, taxation is a beautiful expression of a mother's love for her children.

With Washington democrats controlling both branches of the state legislature and the governor's mansion, they've been spreading the love like its going out of style. And there are so many ways to say "I Love You".

We have a wonderful new tax on SPAM, for instance. I recall with great fondness my financially lean college years, when many a Friday night would be spent alone in my dorm room, nibbling on slices of SPAM pressed between two saltine crackers. I remember thinking as I licked the thick, gelatinous, SPAM goo off my fingers, "Gosh, the only way life could be any better would be if this crap cost nine bucks a can." Besides, we had such a bumper crop of SPAM this year, there's no reason not to share a little bit of the wealth to help the poor, blind, inner-city children from which SPAM is made.

We were also just treated to a 10 cent gas tax hike to pay for road repairs they'll never make and a choo-choo train no one will ride. Republicans are of course complaining, as they always do. They don't mind the money we spend on gas going into the pockets of their Big Oil Buddies, but they throw a complete hissy if we keep a few measly pennies here at home so the poor, inner-city children of union bosses don't have to subsist on SPAM to survive.

A new tax on botox injections and cosmetic surgery probably wouldn't pass in Massachusetts or California, but it's gaining ground here in the Evergreen State where the funds could be used to help - of all people - poor, inner-city children. In the past couple of weeks, there have been almost as many complaints as there have been new taxes, but as long as there are exemptions for gender modification, I think its a great idea.

Gov. Christine Gregoire, who was reluctant to bless us with new taxes during her campaign, has promised to raise and reinstate some of the old taxes instead, so it'll seem like we're being anally raped by old friends. She has also proposed to close the dreaded Estate Tax Loophole, which has allowed untold rich people to use death as an excuse to avoid paying my fair share.

There's also a new tax on extended computer warranties, which I can't explain but I'm sure will go to help the poor, inner city children who so desperately need it.

All these taxes make me as giddy as a little girl, but my favorite revenue enhancer of all is the Sin Tax, because it perfectly illustrates the state's superiority over the church as the interpreter of morality. Indeed, whereas God and the Bible are hazy and ambiguous in regards to the definition of "sin", Our Loving Mother in Olympia sends a clear message through the use of taxation that activities such as smoking, gambling, drinking, and eating SPAM are unacceptable. Adultery and abortion, however, are not taxed and therefore aren't official "sins". And while the church demands you ask forgiveness for your sins and then "sin no more", the state encourages you to go right on sinning, for the funds from sin taxes go to help the poor, inner-city blind children and their quadruple amputee grandmothers. By turning an evil act into a good deed, the state effectively absolves you of the sin while you're in the very commission of it! Try to get a deal like that from Pope Hitler.

By the way, the state liquor stores will now be open on Sundays so be sure to stop by and pick up a bottle of Jack on your way home from Church. Do it for the poor, inner-city, blind children.
 


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