Donald Trump’s proposal to eliminate overtime tax has ignited chatter.
The One Big Beautiful Bill Act introduced a new deduction called No Tax on Overtime for the 2025 tax filing season.
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.
Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...
Oregon workers who earned overtime pay this year will get a new break on their state income taxes, thanks to state lawmakers’ decision to copy the temporary federal overtime tax exemption in President ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results