2025 Payroll & Tax Filing Guide (Employee Edition)
W-2 vs 1099, nondiscretionary bonuses, FLSA regular rate impacts, and how overtime shows up on your taxes. Built for clarity. Updated for 2025.
What’s inside
- FLSA overtime explained (with examples)
- How bonuses & differentials affect OT
- Paystub anatomy: where the math shows up
- 2025 tax filing checklist (w/ OT nuances)
- Common payroll notices & how to respond
Educational content; not legal or tax advice.
Preview
Chapter 2: Regular Rate & Overtime
Your regular rate = (straight-time + nondisc. bonuses + diffs) ÷ total hours…
…(page preview) …
Format
PDF (instant download)
Updates
Free minor updates in 2025
Author
Rob Batt — Payroll Manager, MBA
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FAQ
Is overtime taxed differently?
Overtime is ordinary wage income. It’s taxed like your regular pay. Certain credits/adjustments (if available) apply at tax time on your return.
Do I need my paystubs?
Yes—your paystubs show hours, earnings, and any nondiscretionary bonuses used in regular-rate calculations.