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Business & farm
It depends on what they mean by cumulative.
If they mean that is the premium, yes, enter that total amount as deductible overtime.
If they mean that was the total overtime, base AND premium, no, you would need to determine the premium portion.
Do you know how many hours of overtime you worked?
Try to determine if they are reporting the overtime premium, the total base and premium or ask your employer if you are not sure.
Example, if you earn 20/hour, your overtime would be paid at 30/hour if you're paid time and one half for overtime.
If you worked 10 hours overtime, you might say you earned 300 in overtime, but you earned only 100 of DEDUCTABLE overtime.
So you need to determine if you earned 40,815 in overtime and 13,605 is the premium portion, or that you earned only 13,605 in overtime and the premium is only 4,535.
@zdbrosseau
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