The Big Beach Books Brief
Issue #3 · October 2025
Gulf Shores, Alabama
October 1, 2025 · OBBBA Series

No Federal Tax on Overtime Pay — the Complete 2025 Rules

Which pay qualifies, how to track the premium portion only, and exactly where it goes on your return.

The overtime deduction under OBBBA is now in full force, retroactive to January 1, 2025. Here's exactly what qualifies as "premium pay" and how to capture every dollar.

1. What counts as deductible overtime?

Common examples:

Regular rate $20/hr → time-and-a-half = $30/hr → the $10 premium is deductible.
Double-time on holidays → the entire extra $40/hr is deductible.

2. Who qualifies?

3. How it shows up on your 2025 return

The deduction goes on Schedule 1, Line 8z — "Qualified Overtime Premium – OBBBA." You do not attach proof, but keep:

Quick Bookkeeping Fix
Track the premium, not the base

Create one new income account — "Nontaxable Overtime Premium – OBBBA" — and reclassify only the premium portion (not the base wages). At year-end, that account balance is the exact number that goes on Line 8z.

Need help setting it up? →

One thing most people miss

Bonuses labeled "non-discretionary" — attendance, production, and the like — do not qualify. Only true FLSA overtime premium pay counts.

Next month (November 1): The new $40,000 SALT cap — who in Alabama actually benefits, and how to maximize it before December 31.
Daniel P. Jajeh, CPA
Big Beach Books, LLC · Gulf Shores, Alabama

These newsletters provide general tax and bookkeeping education only and are not personalized advice. Consult your CPA about your specific situation.