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Get your taxes done using TurboTax
It should be broken down into the pay-differential components on your wage and tax summary (w-2). You should not need to calculate anything yourself.
On your federal return, double-time pay (2x) generally doesn't qualify for the deduction because it's extra pay beyond the required premium. Only the standard overtime hours (over 40 in a week, paid at 1.5x) generate a deductible premium under OBBBA rules.
California is more strict, and all CA state taxes, including overtime taxes, still apply. California's daily overtime rules might not fully qualify for the federal deduction if the overtime is not required by the FLSA (the U.S. Fair Labor Standards Act).
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4 weeks ago