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.

lpuech55
New Member

I am trying to report my overtime pay. The overtime pay is clear on my ADP/pay stubs, but it is not reported on my W-2. Does this qualify for exemption?

 
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 Best answer

Accepted Solutions
MinhT1
Employee Tax Expert

I am trying to report my overtime pay. The overtime pay is clear on my ADP/pay stubs, but it is not reported on my W-2. Does this qualify for exemption?

Yes.

 

In TurboTax Online, this is how you enter the qualified overtime premium:

  1. After entering your form W-2, you'll see a screen titled Let's Check for Other Situations
  2. Put a checkmark on Overtime and click Continue
  3. Follow the TurboTax questionnaire to enter your qualified overtime premium
  4. This deduction will transfer to Schedule 1-A of your form 1040, with that amount flowing to line 13b of your form 1040. This line includes the overtime deduction among other deductions if applicable, such as the tip deduction, the additional senior deduction or the car loan interest deduction.

 

 

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

View solution in original post

1 Reply
MinhT1
Employee Tax Expert

I am trying to report my overtime pay. The overtime pay is clear on my ADP/pay stubs, but it is not reported on my W-2. Does this qualify for exemption?

Yes.

 

In TurboTax Online, this is how you enter the qualified overtime premium:

  1. After entering your form W-2, you'll see a screen titled Let's Check for Other Situations
  2. Put a checkmark on Overtime and click Continue
  3. Follow the TurboTax questionnaire to enter your qualified overtime premium
  4. This deduction will transfer to Schedule 1-A of your form 1040, with that amount flowing to line 13b of your form 1040. This line includes the overtime deduction among other deductions if applicable, such as the tip deduction, the additional senior deduction or the car loan interest deduction.

 

 

**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