No tax on overtime
- Thread starter oldupsman
- Start date
YourMissingCallTag
Well-Known Member
Right now Sure Post says “you’ll get your 60 hours and like it!”
I'll just be glad when everyone switches over to ground saver
Then you can at least read the labels
Thebrownblob
Well-Known Member
It sucks getting old. I can’t see those damn sure post labels at all.
I can read them but some of the labels aren't printed very well.
nWo
Well-Known Member
Marshall’s proposal would deny the new deduction to some top earners and cap it at $10,000 for individuals and $20,000 for married couples, according to the Wall Street Journal. The break for overtime pay would additionally be phased out once an individual’s adjusted gross income surpasses $100,000 or when a married couple’s income reaches $200,000.
Fyi. Current bill that passed the house. So a single topped out UPS driver would hit the cap after 150 hours of OT. So about 3 hours of OT a week untaxed. That's phased out when you go over $100,000 a year.
So no need to hit 60 every week. Hit 43 for the maximum tax benefits.
Fyi. Current bill that passed the house. So a single topped out UPS driver would hit the cap after 150 hours of OT. So about 3 hours of OT a week untaxed. That's phased out when you go over $100,000 a year.
So no need to hit 60 every week. Hit 43 for the maximum tax benefits.
Oh Shoot
Middle fingers up
I hope you get 60 this weeking sponge
Now keep delivering and let me enjoy my beer and get some food on the grill.
Thebrownblob
Well-Known Member
Thanks Dave
Thebrownblob
Well-Known Member
Where does he live that 200 K is not a lot of money? Lol.
It's a lot of money to me.
Oh Shoot
Middle fingers up
Pocket change
There's a big difference between being single and married with children
oldngray
nowhere special
Pretty much
Wally
BrownCafe Innovator & King of Puns
Property taxes alone eat up a big chunk.
oldngray
nowhere special
Property taxes in your state are probably 3 times as much as here.
