2025 Tax Legislation – No Tax On Overtime
This deduction is available tax years 2025 – 2028.
An above line deduction of $12,500 ($25,000 MFJ) was
created for overtime pay.
When the modified adjusted gross income go over
$150,000 ($300,000 MFJ) a phase out begins at a 10% rate.
This deduction is not allowed for Married
Filing Separately taxpayers.
Keep watching for my updates on the Big Beautiful
Bill and there effects on your tax returns.
Come in and visit use in Keysville to get
further information.
2025 Tax Legislation – No Tax on Overtime