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Does anyone else notice the software error, when calculating the new overtime rule? #feedback #bug

Example of error: Person has 170k MAGI with $1000 qualified OT amount. The software says you don't qualify for the deduction because you have to make over the threshold amount (which is $2000),because you are $20k over the$150k threshold. But that is incorrect. What the software should say is "you qualify for the $1000 out of the eligiblable $10,500. When you make over the threshold, its subtracted from what you can claim.
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1 Reply
MarilynG1
Employee Tax Expert

Does anyone else notice the software error, when calculating the new overtime rule? #feedback #bug

You can review the calculations for the Overtime Deduction on Schedule 1-A.  Be sure to watch the questions in this section if you know your OT or want TurboTax to calculate if.  If you believe yours is incorrect, please post a screenshot and we'll try to help.

 

Here's more detailed info on Overtime Deduction Calculation.

 

@johnsonkm1 

 

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