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No Tax on Overtime Explained

A federal deduction for part of your overtime pay, from 2025 through 2028. Here's what counts and what you save.

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.

The no tax on overtime deduction lets hourly workers subtract part of their overtime pay from federal taxable income. It doesn't make overtime tax-free: only the premium counts, and payroll taxes still apply.

When it starts

  • It covers overtime paid in 2025, 2026, 2027 and 2028.
  • You claim it on Schedule 1-A, starting with your 2025 return.
  • From 2026, your W-2 shows the amount in Box 12, code TT.

How it works

  • Only the extra half counts: overtime hours × 0.5 × your regular rate. Double-time hours count the same 0.5.
  • Cap: $12,500 a year, or $25,000 on a joint return.
  • Phase-out: $100 less for every full $1,000 of income over $150,000 ($300,000 joint).
  • Standard deduction or itemizing: you get it either way.

Example: $25 an hour

StepAmount
Overtime pay (400 hours × $37.50)$15,000
Deductible part (400 hours × $12.50)$5,000
Taxable income, without → with$50,900 → $45,900
Federal tax saved (2026, single)$650
Overtime kept after federal tax, Social Security and Medicare$12,653

Who qualifies

  • Your employer must be legally required to pay you overtime under the Fair Labor Standards Act.
  • Salaried exempt workers don't qualify.
  • Married couples must file jointly.
  • You need a Social Security number valid for work.
  • Overtime owed only under state law or a union contract counts just as far as federal law requires.

What it doesn't cover

  • Social Security (6.2%) and Medicare (1.45%) still come out of all overtime pay.
  • Most states with an income tax still tax overtime.
  • If the child tax credit already wipes out your tax, the deduction can save less, or nothing.

Get it in your paycheck

Add your expected deduction to Form W-4 Step 4(b), and less tax is withheld each payday instead of waiting for a refund.