topic How do i go about calculating my overtime tax benefit? my work didnt include it on my w2 in Get your taxes done using TurboTax

How do i go about calculating my overtime tax benefit? my work didnt include it on my w2

bassmanzh — Mon, 16 Feb 2026 23:27:02 GMT

My company didnt do the break down for my overtime tax benefit. that being said i suppose i have to break that all down my self but at my job i also have over time premiums after 8 hours and for work times starting before 6 am. we also receive automatic overtime premium on Saturdays as well and it is my understanding that the elidable tax benefit is for the overtime premium after the 40 hours worked which i do of course hit most weeks

Re: How do i go about calculating my overtime tax benefit? my work didnt include it on my w2

MarilynG1 — Tue, 17 Feb 2026 00:46:55 GMT

Yes, if you know the number of overtime hours you worked, you can multiply that by your overtime wage. If you enter that amount in TurboTax, it will calculate 1/3 of that amount for the deduction. You're correct about the 'after 40 hours'.

Here's more info about the Overtime Deduction.

@bassmanzh