No tax on overtime

Thebrownblob

Well-Known Member
The operative word being “solely” by contract. That indicates very specific circumstances. I’ve had jobs where there was no contract, no union, and still got time and a half ot. The FSLA mandates time and a half over 40 hours in a work week. Pretty sure drivers will get no tax on OT. Don’t listen to Tik Tok lawyers. Read federal law. Everyone is mandated time and a half after 40, contract or no contract. So no one can get no tax on OT? I think not. Look it up.
Thanks, Dave
 

MAKAVELI

Well-Known Member
The operative word being “solely” by contract. That indicates very specific circumstances. I’ve had jobs where there was no contract, no union, and still got time and a half ot. The FSLA mandates time and a half over 40 hours in a work week. Pretty sure drivers will get no tax on OT. Don’t listen to Tik Tok lawyers. Read federal law. Everyone is mandated time and a half after 40, contract or no contract. So no one can get no tax on OT? I think not. Look it up.
Your trucks are over 10k lbs. You are exempt from overtime pay under the FLSA. Hope this helps.
 

govols019

You smell that?
The operative word being “solely” by contract. That indicates very specific circumstances. I’ve had jobs where there was no contract, no union, and still got time and a half ot. The FSLA mandates time and a half over 40 hours in a work week. Pretty sure drivers will get no tax on OT. Don’t listen to Tik Tok lawyers. Read federal law. Everyone is mandated time and a half after 40, contract or no contract. So no one can get no tax on OT? I think not. Look it up.
I just posted the federal law and a lawsuit that UPS won regarding OT pay.

I also know truck drivers from other companies that run local that don't get overtime.

You can believe whatever you want to believe.
 

JL 0513

Well-Known Member
Another significant detail that hadn't come to mind before. The language that states $12,500 for single, $25,000 for married filing jointly. I had kinda assumed even married, that each person would be capped at $12,500. Not the case. Many of us, myself included, have wives that don't work OT. This means we can individually take the full $25,000 of OT cap if filing jointly. So that $2,750 we've been talking about is actually $5,500 in realized tax savings if you reach max hours. (7-8 hours a week OT). Lots of us do that, of course some don't.
 

Thebrownblob

Well-Known Member
K
Another significant detail that hadn't come to mind before. The language that states $12,500 for single, $25,000 for married filing jointly. I had kinda assumed even married, that each person would be capped at $12,500. Not the case. Many of us, myself included, have wives that don't work OT. This means we can individually take the full $25,000 of OT cap if filing jointly. So that $2,750 we've been talking about is actually $5,500 in realized tax savings if you reach max hours. (7-8 hours a week OT). Lots of us do that, of course some don't.
guys at my building will be getting six hours of overtime just today. They’re gonna curfew everyone and not even get it delivered lol
 
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