Tax Calculator
Free 2026 no tax on overtime calculator

No Tax on Overtime Calculator

See how much of your overtime is tax-free under the new federal deduction, what you save, and what you actually take home.

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Estimate from your pay rate and the overtime you work.

400 overtime hours, paying $15,000 on top of $52,000 for 40-hour weeks.

Tax-free overtime

$5,000

off federal taxable income, per year

Federal tax savings

$650

per year

Total tax on overtime

$2,348

15.7% of overtime pay

Overtime you keep

$12,653

of $15,000 overtime pay

Where your overtime pay goes, per year

of $15,000 overtime pay

  • Federal income taxTop rate 12%. $5,000 is deducted, saving $650.$1,2008.0%
    • Social Security6.2% × $15,000$9306.2%
    • Medicare1.45% × $15,000$2181.5%
  • You keep$15,000 − $2,348 in tax. State tax isn't included.$12,65384.4%
Total tax on overtime$2,34815.7%

Without the $5,000 deduction, federal tax would be $1,850 and total tax $2,998, so you'd keep $12,003.

Federal tax before and after, per year

StepWithoutWith
Total incomewages, overtime and other income, less pre-tax savings$67,000$67,000
− Standard deduction-$16,100-$16,100
− No tax on overtime deduction$0-$5,000
Taxable income$50,900$45,900
Federal income tax$5,910$5,260
You save$650

Uses 2026 federal brackets and the $16,100 standard deduction. Your top rate is 12%.

Get the savings in each paycheck

Enter $5,000 in Form W-4 Step 4(b), plus any other deductions you already list there. Your paycheck grows by about $25 instead of waiting for a refund.

How your overtime deduction is figured

  • Your qualified overtime is $5,000. 400 overtime hours × 0.5 × $25.00 = $5,000. Only the extra half of time-and-a-half counts, never your regular rate.
  • It's under the $12,500 cap. The yearly limit is $12,500, or $25,000 on a joint return.
  • Your $67,000 income is under the $150,000 limit. It drops $100 for every full $1,000 of income over $150,000, or $300,000 joint.
  • You save $650 in federal tax. Taxable income goes from $50,900 to $45,900, and tax from $5,910 to $5,260. That's $25 a paycheck.
  • You still pay $1,148 in Social Security and Medicare. They take 7.65% of all $15,000 in overtime pay, and the deduction doesn't lower them. You keep $12,653.

No tax on overtime, explained

Example: at $25 an hour, 8 overtime hours a week for 50 weeks earns $15,000 in overtime. The extra half, $5,000, is deductible. A single filer saves $650 in 2026, about $25 a paycheck.

What is no tax on overtime?

  • A federal deduction for the extra half of time-and-a-half pay.
  • Up to $12,500 a year, or $25,000 if married filing jointly.
  • You get it whether you itemize or take the standard deduction.

When does no tax on overtime start?

  • It covers overtime paid in tax years 2025 through 2028.
  • You first claim it on your 2025 return, filed in 2026, on Schedule 1-A.
  • From 2026, employers report the amount on your W-2 in Box 12, code TT.

How does no tax on overtime work?

  • Only the premium counts: overtime hours × 0.5 × your regular rate.
  • That amount is subtracted from your taxable income, up to the cap.
  • It drops $100 for every $1,000 of income over $150,000 ($300,000 joint).
  • Social Security and Medicare are still taken from all overtime pay.

What are the no tax on overtime rules?

  • Your employer must be legally required to pay you overtime under federal law (the FLSA).
  • Salaried exempt workers don't qualify.
  • Married couples must file jointly.
  • You need a Social Security number valid for work.
  • Overtime paid only because of state law or a union contract doesn't count beyond what federal law requires.

Does double-time pay qualify?

  • Only 0.5 × your rate counts for each double-time hour.
  • Federal law requires time-and-a-half, so the extra half on top isn't deductible.

Is overtime tax-free for state taxes?

  • It's a federal deduction. Most states with an income tax still tax overtime.
  • Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming have no wage income tax.
  • Check your state's revenue department to see whether it follows the federal deduction.

Related calculators

Rules follow Internal Revenue Code §225 (One Big Beautiful Bill Act), the IRS's Schedule 1-A instructions, and its 2026 guidance on W-2 code TT. Tax is figured with 2026 brackets and standard deductions ($16,100 single, $32,200 joint, $24,150 head of household), or 2025's for the 2025 tax year. The child tax credit is included when you enter children; other credits aren't.

This is an estimate for the 2026 tax year, not tax, legal, or financial advice. Figures are simplified and don't include every credit or deduction. Talk to a tax professional before making decisions.