https://ttlc.intuit.com/community/taxes/discussion/re-w-2-form-box-14/01/3801531#M1414472 <P>Yes, this is the overtime premium that is deductible. This is not the total overtime pay. Putting it in box 14 alerts the program to make the deduction, if your income allows.</P> <P>This deduction begins to phase out if your Modified Adjusted Gross Income (MAGI) is over <STRONG>$150,000</STRONG> (Single) or <STRONG>$300,000</STRONG> (Married Filing Jointly).</P> Wed, 25 Feb 2026 21:30:02 GMT AmyC 2026-02-25T21:30:02Z https://ttlc.intuit.com/community/taxes/discussion/w-2-form-box-14/01/3801520#M1414471 <P>My husband's W-2 has box 14 filled this year -&nbsp;</P><P>FED OT - what does that mean? is it overtime?</P><P>&nbsp;</P><P>Thank you.</P> Wed, 25 Feb 2026 21:26:41 GMT https://ttlc.intuit.com/community/taxes/discussion/w-2-form-box-14/01/3801520#M1414471 catkik 2026-02-25T21:26:41Z https://ttlc.intuit.com/community/taxes/discussion/re-w-2-form-box-14/01/3801531#M1414472 <P>Yes, this is the overtime premium that is deductible. This is not the total overtime pay. Putting it in box 14 alerts the program to make the deduction, if your income allows.</P> <P>This deduction begins to phase out if your Modified Adjusted Gross Income (MAGI) is over <STRONG>$150,000</STRONG> (Single) or <STRONG>$300,000</STRONG> (Married Filing Jointly).</P> Wed, 25 Feb 2026 21:30:02 GMT https://ttlc.intuit.com/community/taxes/discussion/re-w-2-form-box-14/01/3801531#M1414472 AmyC 2026-02-25T21:30:02Z