No Tax on Overtime: How the New Deduction Really Works
Only the extra "half" of time-and-a-half is deductible, up to $12,500 a year ($25,000 joint), for 2025 through 2028. A clear walkthrough with a worked example.
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Only the extra "half" of time-and-a-half is deductible, up to $12,500 a year ($25,000 joint), for 2025 through 2028. A clear walkthrough with a worked example.
How time-and-a-half works under federal law, how to calculate it step by step, and the situations where your overtime rate is higher than you think.