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Overtime Tax Savings

Estimate the federal tax savings from the OBBB overtime deduction versus prior law.

Tax year

Filing status

Annual wages before overtime Enter how much you earn per year before overtime pay.

Overtime pay

Hourly rate If unsure, take your annual wages and divide by 2,000 hours.

Expected weekly overtime hours Provide an average expected overtime hours and we'll total your OT earnings for the year.

Overtime multiple Enter much you are paid when you work overtime hours. Some are paid time and a half (1.5x) while others are paid double time (2x)

Overtime pay Overtime Pay includes only the amount ABOVE your regular hourly rate. For 1.5x overtime, only the extra 0.5x portion counts here.

Other annual household income Estimate your total household income for the year. This includes, but is not limited to:

Business income, wages, interest, dividends, capital gains, rental income, social security and retirement benefits.

The deduction applies to the overtime premium — the amount above your regular hourly rate. Married filing separately does not qualify.

Ready when you are

Fill in the basics

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Choose a tax year and filing status, then enter wages and overtime.

Prior law — Federal tax

Under OBBB — Federal tax

Prior law$0

OBBB$0

Taxable OT (prior) —

Taxable OT (OBBB) —

Tax savings —

Note —

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