DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Overtime, Taxes, and how to make sense of it?

**SM9WI8oI** · 01-14-2010, 08:26 PM

Any income above the threshold is taxed higher, the rest is taxed with the lower rate.

Basically, yes, but only as far as figuring out your taxes at the end of the year. Paycheck to paycheck deductions work with that in mind too, but it's a little goofy too...

01-14-2010, 08:26 PM	#20
SM9WI8oI Join Date Oct 2005 Posts 412 Senior Member	Any income above the threshold is taxed higher, the rest is taxed with the lower rate. Basically, yes, but only as far as figuring out your taxes at the end of the year. Paycheck to paycheck deductions work with that in mind too, but it's a little goofy too...
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