IBEW Local 158

⚡️ “No Tax on Overtime” – Quick Facts ⚡️

Brothers and Sisters,

You may be hearing about “No Tax on Overtime,” but here’s the reality:

🔹 It’s not all OT pay – Only the extra half-time portion qualifies, not your full overtime wage.
🔹 You may have to calculate it – It likely will not show up clearly on your W-2, if at all.
🔹 Not all OT counts – Only federally required overtime applies. (overtime after 40 hours, only.)
🔹 State taxes may still apply – You could still pay tax on OT on state taxes.

Bottom line: It’s not as simple as it sounds—make sure you understand it before filing your taxes.

Stay informed. Stay Union. ⚡️