Archive for July, 2010
Higher Tax Bracket
Higher Tax Bracket

Question: How many hours of overtime can I work in Wisconsin without being put into a higher tax bracket?
Does it depend on how much I make an hour? I don’t want to work so much overtime that I get taxed more and have a small check anyway. Anything over 40 hours is overtime/time in a half, I also get paid bi-weekly if that makes a difference. I am not in a management position
Answer: It depends on how much you make overall.
And if you have any other income and dependents
Not nearly enough info to guess, but you can go to www.irs.gov, download the employers Tax Guide with tax brackets and figure it out for yourself.
How Income Tax Brackets Work