turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I Cannot add the Overtime Deduction. The Option Does not Appear

I am using TurboTax "Do It Yourself Premium..." I have confirmed repeatedly that this is the exact phrase describing my product. I see that under "products," for this Topic, Premium is not even an option. I am self-employed, but also have W2 Work. There is no option to add my Overtime from the W2 Work. There is no option for "Help me calculate my eligible overtime." Editing the W2 does not reveal any checkboxes for Deductible Overtime. There is no "Let's check for other situations" screen.

 

Searching for Overtime Premium, or even "overtime" yields zero results. As a last straw, I added the information into Box 14 anyway, and that flagged the system and asked me to delete it before proceeding. For the life of me, I cannot figure this out. In my version of TurboTax, the option just plain appears to not exist! Someone please help; I'm losing my mind on this!

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
JamesG1
Employee Tax Expert

I Cannot add the Overtime Deduction. The Option Does not Appear

You stated that you are self-employed.  What adjusted gross income are you reporting on line 11a of the IRS form 1040?

 

Perhaps your self-employment income alone exceeds the dollar limit for a person to be eligible for the qualified overtime deduction reported on a W-2?

 

This TurboTax Help states:

 

The overtime deduction is gradually phased out – potentially to $0 – if your modified adjusted gross income exceeds $150,000 ($300,000 for joint filers).

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question