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Get your taxes done using TurboTax
You will have to calculate your overtime premium. For tax years 2025–2028, you can only deduct the overtime premium—the portion of your pay that exceeds your regular hourly rate—up to $12,500 ($25,000 for joint filers). Since your overtime rate is a unique 4.2x multiplier, the standard TurboTax automated calculations for "time-and-a-half" (1.5x) or "double-time" (2.0x) will not work correctly for you. You should manually calculate your eligible premium and enter it directly.
See How do I enter overtime pay in TurboTax Online?
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a month ago
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