immigrant Colombian Subscriber to A video Who posted on his TikTok Work experience in USA. The woman revealed The important amount they charge for work over time In the country The reason why many Latinos prefer to avoid this type of work.
Natalia FinoColombian journalist Based in Utahparticipated in Tik Tok His experience in He does over time (extra time) in USA. In his testimony, He revealed the amount he receives and what they deduct And the remaining balance.
The Colombian explains:They charged me $1035 last week, but deducted $210I mean a lot. I’m not saying it’s wrong for them to discount this way Taxes (taxes) Or because these are the rules, they must be followed and this is normal.
The total discount they made on the receipt was 20.29%. “Obviously the more you work and the more hours you work, the greater the discount,” he explained. The total amount of Natalia’s salary It was US$824.
Al-Muhajir warned against this Many people decide not to do this over time Because they deducted a large amount. “Similarly, you receive something extra, so if you have the energy and desire, why not do it. If it’s occasional I don’t think it’s bad.‘, closed the young woman.
From the official website of the US government published How is overtime paid in the country?. According to these rules, the employer You must pay overtime (over time), if the worker is a non-exempt employee, or works more than 40 hours During the work week.
Overtime rate It must be at least 1.5 times the amount of your hourly wage. Your employer must pay you the overtime rate only for the extra hours you work.
It is crucial to understand that overtime They are subject to the same taxes as a regular salary. However, its influence on Al Qaeda makes… Tax withholding may be more complicated.
The main factors such as Individual tax bracketif it is classified as “Supplementary salary“The deductions applied are those to be determined Final tax to payhighlighted TCWGlobal.
According to this site, Overtime tax is calculated As follows:
In the United States of America, Internal Revenue Service (IRS)for its abbreviation in English) is considered overtime Supplementary incomeat a rate potentially higher than the usual salary.
in spite of The standard deduction is a flat rate of 22%. For regular payments, if extra payment It is large and made in one amount (for example, year-end bonus), Requires IRS application Higher retention rates Or use percentages that are based on the taxpayer’s total income.
TCWGlobal This was explained in Same regular salary and overtime pay Subject to FICA taxes (Federal Social Security Contributions Taxation Act), which They fund Social Security and Medicare.
Overtime earnings are subject to State and local taxesthe application and rate of which depends on your place of residence. the Tax policy varies greatly by state.
In some jurisdictions, e.g California, New York and New Jerseyhigher rates of overtime pay will likely apply. You should also consider Potential taxes at the city or county level.
The tax rate applied to overtime is high, but the ultimate impact is on taxes Depends on total income. If a backlog of overtime results in employees Annual income exceeds the current tax bracket threshold, A higher marginal tax rate will applyTherefore, the percentage of taxes to be paid on this additional income will be higher.
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