nature9irl
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Thank for the reply, I was within the AGI limits. It was not clear to me at first, but I need to multiple the hours in the formula.
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I figured it out. I was not multiplying the OT rate by the overtime hours. Then it worked out to about 258 refund, not the best but better than nothing.
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- Posted Re: Overtime tax deduction calculation seems off, anyone else getting way to low of a return? I w... on Get your taxes done using TurboTax. yesterday
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- Posted Overtime tax deduction calculation seems off, anyone else getting way to low of a return? I was given $19 deduction per TT calc. $19 OT premium on 5k OT payout. on Get your taxes done using TurboTax. yesterday