No Tax on Overtime explained (‘One Big Beautiful Bill’ tax changes)

The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.

IRS Offers More Info On How The New Overtime Deduction Works

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
Journal of Accountancy

IRS releases FAQs on qualified overtime pay deduction under H.R. 1

An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...
MiBolsilloColombia on MSN

Overtime pay is now tax-deductible: Are you eligible for the new $12,500 break?

The OBBBA law created a new tax deduction for overtime pay. Find out if you're eligible, how much you can deduct, and how to report it on your 2025 return.
The Daily Overview on MSN

No taxes on overtime in 2026? 8 moves workers must make now to qualify

Workers keep hearing about "no taxes on overtime in 2026," but the reality is more complicated: President Trump has promoted the idea, yet available reporting shows only proposals and commentary, not ...
AOL

“No Tax On Overtime” In Action: Will Your 2025 Tax Return Deliver A Big Boost?

Millions of Americans could soon see bigger paychecks thanks to the new “no tax on overtime” policy. This unusual tax break focuses on extra hours worked, making waves for its potential to boost ...
The Financial Express

No Tax on Tips, No Tax on Overtime: IRS issues fresh guidance for 2025 returns

Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
JD Supra

California Employer Guide to Federal “No Tax on Overtime” Law: Key Takeaways That May Surprise and Challenge Your Workplace

California employers might be surprised by some important nuances in the “No Tax on Overtime” rules that rolled out nationwide last year and ...