No Tax on Overtime: OBBBA Overtime and Tips Tax Deduction Guide 2025-2028
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No Tax on Overtime: OBBBA Overtime and Tips Tax Deduction Guide 2025-2028

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Can I deduct overtime pay from my federal taxes under the new law? Yes — the One, Big, Beautiful Bill Act (OBBBA) created an overtime tax deduction worth up to $12,500 for individuals ($25,000 joint filers) for qualifying FLSA overtime earned from 2025 through 2028. A separate tips deduction of up to $25,000 is also…

A bright and professional flat-lay photograph of a clean desk workspace. In the center, a calendar marked 'January 26, 2026' with a green circle. Surrounding it are neatly arranged tax forms labeled 'Schedule 1-A' and 'Form 1040', a calculator, a smartphone showing a banking app, and a cup of coffee. The color palette should be fresh greens and vibrant oranges to convey a friendly and organized financial vibe. High resolution, soft lighting.

2026 Tax Filing Season: Your Complete Guide to Schedule 1-A and New Deductions

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  Ready for the 2026 Tax Season? Discover the key dates, the new “One, Big, Beautiful Bill” changes, and the essential steps to maximize your refund this year. Can you believe it? The holidays have flown by, and now we’re staring right at the 2026 tax filing season. I know, I know—taxes aren’t exactly everyone’s…