Yo, dudes...anyone know how to calculate for overtime deduction on tax

[JonniJacko]

just filed my tax....earned over 10k in overtime pay last year total....my last paystub for 2025 dont show total hours, only total amount...so do I just divide that by 3 to get the amount for the overtime deduction? according to my research, you can only deduct the time and a half pay of all overtime hours your work, plus those hours being beyond 40 hours in a week. So If i make 3 bucks a hour as base pay, with overtime at time and half, it's 4.50 per hour. So only the 1.50 cents is deductible. So if I work 10 hours overtime, that's 10 multiply by 1.50...then i get 15.00 as my deductable amount?

fork, I should get at least 100 bucks back this year then...haha hope my math is correct and it gets accepted.

Murica.....Mur ica.....can we all just go back to being simple and using 1 st grade language....lo l

[hmgROCK]

it depends on your workplace..
i work in where overtime is just your base pay $10 than overtime is $10
then i work where its 1.5x your pay so it's $15

then there holiday... 2-3x... so like $20-30

haahah

 

talk to your HR...
new overtime should be in box 12

 

[hmgROCK]

collect all your monthly paystud and add up the overtime hours

would probably be the best guess

 

[hmgROCK]

it’s TRASH because it only affects certain groups
once you start getting into higher professional jobs

it’s SALARY BASE
and a lot of them work for free on OVERTIME

  

[JonniJacko]

yup those qualify for the no tax on overtime...onl y getting a few hundo back, or pay a few hundo less....state and social security is taking their bite out of the pie first..lol