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Overtime pay remains subject to Social Security and Medicare payroll taxes even after the 2025 "No Tax on Overtime" deduction
Employers who put a “qualified overtime” amount in Box 14 of the 2025 Form W-2 are furnishing the separate accounting the IRS says employees may rely on to claim the new overtime deduction; taxpayers ...
No — the "no tax on overtime" provision is not universal; it applies only to qualifying overtime compensation for workers who meet FLSA non‑exempt status and income limits, is capped and temporary, an...
The 2025 “no tax on overtime” rule allows eligible employees to deduct the FLSA overtime premium—the extra half of time‑and‑a‑half pay—from federal taxable income, and for employees paid on a 14‑day F...
The new “” deduction created by the 2025 law changes treatment only — it reduces taxable income on the employee’s federal return when claimed, but it does not change : and withholding remain unchanged...
The One Big Beautiful Bill Act created an above‑the‑line deduction for “qualified overtime compensation” effective for tax year 2025, allowing individuals to deduct up to $12,500 (single) or $25,000 (...