• spacesatan@leminal.spaceEnglish
        2·
        1 month ago

        Or the person calculating their withholding was. But if you’re paycheck to paycheck then that paycheck amount is all that really matters. Cool, I get a bigger refund eventually, but I’m now choosing between eating, walking 2 hours to work to save gas, or letting a bill go unpaid.

    • Dnb@lemmy.dbzer0.comEnglish
      2·
      1 month ago

      That’s not how is works though.

      I’d you made say 1500 normally and 2000 with ot your take home could be 1200 and 1400. Paying more taxes overall on the ot but still taking home more.

      There is no way you’d take home less money because taxes are paid on the first $1500 @ $300 and say the next $500 @ $300 too at a higher bracket. Overall your pay is still higher though even though your taxes “doubled”.

        • Dnb@lemmy.dbzer0.comEnglish
          2·
          1 month ago

          That’s not how it works though. Unless you didn’t work regular hours during that same time period so worked less overall OT is taxed higher upfront so you don’t end up owing (more), but would never decrease your pay