Hello,
I understand that the no tax on overtime law goes into effect for the 2025 tax year, and I understand that the calculation is tax free for the x.5 of the x1.5 OT pay rate. In California, we also make double time, can you please explain how x2 DT pay rate is taxed as part of this new law?
Finally, will the W2 reflect the salary amount made from overtime & double time? Or will we need to calculate this ourselves?
Thank you!
