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3 years ago

2/10

Social Studies

1 answer:

Mashcka [7]3 years ago

7 0

Answer:

Overtime pay

Explanation:

Tax deduction will include all the things that will decrease the amount of tax that you have to pay to the government. This will include things such as working expense, Pension, Medicare, etc.

Overtime pay is the number of additional payment that your employer give you everytime you do more work hour than the one mentioned in your contract. (For most people, it would be if they do any additional job beyond 5 PM).

Overtime pay increase the overall taxable income that you have to pay. So rather than acting as a tax deduction, it will actually will inflate the number of tax that you to pay.

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