05/20/2026
๐ฐโ ๏ธ๐ Worked overtime and noticed way more taxes taken out of your paycheck?
That usually does NOT mean your overtime is being taxed at some insane rate ๐
Most payroll systems estimate withholding as if you make that larger paycheck all year long ๐งพ
So the system may temporarily withhold more taxes from that check.
If too much was withheld throughout the year, youโll typically reconcile it when filing your tax return and may get some of it back at tax time โ
A lot of people confuse:
โก๏ธ Tax withholding
with
โก๏ธ Actual taxes owed
Follow ๏ฟผ for more tax and business insights ๐๐ฅ