What “no tax on overtime” really means
The One Big Beautiful Bill Act, signed July 4, 2025, created a new federal income tax deduction for qualified overtime compensation — the pay that exceeds your regular rate when the Fair Labor Standards Act requires time and a half. In plain terms: if you earn $20/hour and $30/hour on overtime, only the extra $10/hour (the “half” in time and a half) is deductible. The name oversells it a little; it's a meaningful deduction on part of your overtime, not tax-free overtime.
Who can claim it
- Workers who receive FLSA-required overtime reported by their employer (W-2 employees; certain 1099 cases have their own reporting).
- Both itemizers and non-itemizers — you don't give up the standard deduction.
- You must include a Social Security number on your return, and married couples must file jointly.
- Exempt employees (no FLSA overtime) and overtime that's purely contractual or state-mandated beyond the FLSA generally don't generate a qualified amount.
A worked example
Maria earns $25/hour and averages 8 overtime hours a week for 50 weeks in 2025. Her overtime pay is $37.50/hour × 8 × 50 = $15,000. The qualified premium portion is $12.50/hour × 8 × 50 = $5,000 — under the $12,500 cap, so she deducts the full $5,000. In the 22% bracket, her federal income tax drops by about $1,100. Her paycheck withholding, Social Security, and Medicare don't change — the benefit arrives when she files.
Where to find your number at tax time
Employers must report qualified overtime compensation for the year. For tax year 2025, the IRS allowed transition approaches, and many payroll providers used W-2 Box 14 (often labeled something like “FLSA OT Prem”). If no qualified amount appears on your W-2, ask payroll before assuming you have none — but the reported figure, not a calculator, is what goes on your return. This tool is for planning: deciding whether extra overtime shifts are worth it, and roughly sizing your refund.
Keep the rest of the math straight
Your gross overtime pay is still computed the normal way — see the time and a half calculator for the quick rate math or the overtime calculator for a full paycheck view. State income tax treatment varies by state (some conform to the federal deduction, some don't), so check your state's revenue department when you file.