OT Premium is reported on my W-2, Box 14, in the amount of $2,034. I also entered this amount in the W-2 detail section.
I am filing Single, my wages are approximately $85,000, and I live and work in New York as a nurse (below the $150,000 threshold).
However, upon review, Schedule 1-A, Line 14a does not reflect the overtime premium.
Could you please advise?
Thank you.
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The qualified overtime deduction is for overtime pay that is required by the Fairs Labor Standards Act of 1939.
Are you an employee exempt from the FLSA? At the screen Were you an exempt employee?, did you select I was not an exempt employee to qualify for the deduction?
Your employer can tell you whether you are an exempt employee.
You may also click on the hyperlink What's an exempt employee for direction. Exemptions from the minimum wage or overtime standards of the FSLA may also be found here.
I am non exempt and covered by FLSA
I am not able to replicate the same issue of overtime not being deductible when the qualifications are met and checked in TurboTax.
Therefore, I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:
TurboTax Online:
TurboTax Desktop/Download Versions:
*(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)
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