If your overtime pay isn’t listed in box 14 of your W-2, look for it on:
Your year-end pay stub: This is your best resource if your W-2 doesn't have the info.
Statement or letter from your employer: Your employer may provide a separate written summary of your overtime earnings for the new tax laws.
How does TurboTax calculate the deduction?
If your pay stub shows a combined total for overtime (regular pay + premium), and you’re paid time-and-a half the IRS allows you to use one-third of that total as your deductible amount.
If you earned double-time pay, you can use one-fourth of the total overtime paid at double-time shown on your statement.
When you enter your W-2 info, we'll ask questions about your overtime and apply the deduction.
How do I enter my overtime pay in TurboTax? This article will tell you how to enter your overtime pay in TurboTax.
This article has more information about the tax law and Overtime Deduction
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