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posted Mar 1, 2026 6:22:58 PM

W@

Do I need a corrected w2, if blk 14 is showing the wrong amount of OT pay received for tax yr 2025? Employer sent a let a letter showing the correct amount.

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1 Replies
Employee Tax Expert
Mar 1, 2026 6:34:31 PM

No, you don't need a corrected W-2. Report the amount from your W-2 Box 14, and select "overtime" in the dropdown category.

 

Later in the interview, you will be asked to confirm that the amount reported is correct. The interview will state your W-2 shows  $XXX  in overtime pay, but you can change it if the qualified overtime pay is different. Check the box I need to change this amount.

 

Note, only the "half" pay from time-and-a-half (the overtime premium) is deductible.  There is also an income phaseout (this starts at $150,000 for single filers and $3000,000 for married filing jointly).

 

Here is an article you may find helpful: No Tax on Overtime Explained: Qualified Overtime Deduction Rules for 2025 

 

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