How PTO payout is calculated
Multiply your hourly rate by your unused PTO hours. If you're salaried, divide your annual salary by 2,080 to get an hourly rate. PTO payouts are taxed as supplemental wages, so expect roughly 25–35% withholding.
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State rules vary
Some states require employers to pay out unused vacation when you leave; others let 'use it or lose it' policies stand. Check your state law and company policy.