Level 5

Question

W-2 overtime

Forum|Forum|3 months ago
March 20, 2026
5 replies
13 views

I'm confused. Here goes:

Client's W-2 box 1 = $70,857.

Box 14 is empty.

Client's pay stub shows overtime pay (at time and a half) of $30,352.

I go to W-2 input, Part VII (Deductible overtime) and enter the following:

14a is no.

14c total overtime at 150% is $30,352, making the calculated deductible amount of $10,117 (30,352/3).

Is this correct?

ProSeries Professional

Just-Lisa-Now-

Intuit Community Champion

Thats exactly what Ive been doing.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

T

Terry53029

Intuit Community Champion

Yes it is correct. $30352/3 = $10117.

IRonMaN

Level 15

I don't think this has been updated for awhile - 3,233,567

Slava Ukraini!

T

TaxGuyBill

Level 15

Is it all QUALIFYING overtime?

You need to ask the client if they only receive overtime for working over 40 hours in a week, or if they receive overtime for other reasons.

Some unions and some states (California) result in overtime for other reasons, such as working over a certain number of hours in a day, regardless of how many hours worked in a week. You can only deduct the overtime required by the FLSA, which means only overtime paid for working over 40 hours in a week (certain jobs under the FLSA have slightly different rules than 40 hours in a week).

Skylane

Intuit Community Champion

Next year will be easier when employers are requiring to follow the law and report on W2 (rather than making up their own rules as they think it should apply)

If at first you don’t succeed…..find a workaround

IRonMaN

Level 15

I didn't sign up to be the OT police so I am not interrogating anybody about their OT hours. I'm just happy when they can make it to my office with their W-2 intact. To be honest, the vast majority of my clients that had overtime during the year had employers that provided the OT premium amount ------ I was a tad surprised.

Slava Ukraini!

Skylane

Intuit Community Champion

Seems like those ERs using major payroll companies (ADP, Paychex,….) do it right… smaller companies… not so much

If at first you don’t succeed…..find a workaround

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