- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The IRS has not finalized the new forms yet, but the deduction will ultimately flow to Part III on the Schedule 1-A of the 1040. TurboTax will guide you through entering the amount and generate any needed forms. The employers are not required to report the qualified overtime compensation in a separate box on your W-2 for 2025, they will for 2026, but are being encouraged to report it as an item in box 14 for 2025 or provide a separate statement. Alternatively, you can track it yourself utilizing pay stubs. Keep in mind that only "qualified overtime compensation", is deductible and is limited to $12,500 or $25,000 if married filing jointly.
**Please say "Thanks" by clicking the thumbs up icon in a post
***Mark the post that answers your question by clicking on the "Mark as Best Answer"
***Mark the post that answers your question by clicking on the "Mark as Best Answer"
‎November 10, 2025
9:11 AM