I can't get a clear answer from anybody. So many feeder drivers are claiming the deduction, some aren't. Many are saying that their tax professionals are saying that they are able to take the deduction, some say we can't.
Does anyone have a clear answer? I asked on the question form on Turbo Tax and the Ai response tells me that I can.
TurboTax help section told me the following:
Overtime for UPS Feeder drivers may qualify for the No Tax on Overtime deduction only if it meets the criteria for 'qualified overtime compensation.'"
This means the overtime must be required under the Fair Labor Standards Act (FLSA), and the deductible portion is the 'overtime premium'-the half portion above regular pay.
If the overtime pay is paid according to FLSA standards and reported correctly, it likely qualifies. However, state-mandated overtime or amounts above time-and-a-half pay required by FLSA do not qualify."
Thank you for your input.
