The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.

A new federal law enacted last year provides a tax benefit to employees who receive overtime pay – but calling it a “No Tax on Overtime” law is a ...

The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay ...

An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...

The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies when filing in 2026.

Workers keep hearing about "no taxes on overtime in 2026," but the reality is more complicated: President Trump has promoted the idea, yet available reporting shows only proposals and commentary, not ...

The temporary provision applies to tax years from 2025 through 2028.

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President Donald Trump displays the newly signed One Big Beautiful Bill Act at the White House on July 4, 2025. (White House photo) Congress found several ways to add insult to injury in the recently ...