Retirement tax questions

@tivo44 

Here's the official word from the IRS. In the IRS Fact Sheet scroll down to "No Tax on Overtime."

IRS Fact Sheet FS-2025-03: Tax deductions for working Americans and seniors

Partial quote from the IRS Fact Sheet:

Effective for 2025 through 2028, individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the "half" portion of "time-and-a-half" compensation

See the Fact Sheet for more details.