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How much does overtime get taxed?

Ethan Turner | 2023-06-11 19:26:53 | page views：1094
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Amelia Thomas

Studied at the University of Vienna, Lives in Vienna, Austria.
First, the overtime pay rate is higher. ... Third, the first $25,000 or so of income of a new worker is taxed at a 15 percent rate, whereas a worker who makes over $30,000 a year and works extra hours is taxed at the 28 percent rate on all overtime income.
2023-06-21 19:26:53
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Scarlett Adams

QuesHub.com delivers expert answers and knowledge to you.
First, the overtime pay rate is higher. ... Third, the first $25,000 or so of income of a new worker is taxed at a 15 percent rate, whereas a worker who makes over $30,000 a year and works extra hours is taxed at the 28 percent rate on all overtime income.
Working Overtime Is More Taxing Than You Think | Cato Institute
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