If you’re banking on tax-free overtime to boost your paycheck, you’re out of luck. Trump’s “big beautiful bill” doesn’t change what you’re paid; it changes what you’re taxed.

What to Know The policy will impact Americans who work beyond standard hours—40 for those in full-time roles—in hourly wage jobs. The no-tax-on-overtime provision would allow individuals to ...

Federal revenue could be reduced by $680 billion to $866 billion from 2025 to 2034 if overtime pay wasn't taxed, according to a study by the Tax Foundation and Yale’s Budget Lab in April.

The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped income and overtime pay in the One Big Beautiful Bill Act.

Yes, the bill includes a tax break for overtime and tips. Workers will be able to deduct up to $25,000 in tips (so long as they "customarily and regularly receive them, like servers).

One of President Donald Trump’s most popular campaign pledges — no tax on overtime — is now law. But it comes with a catch. The Wall Street Journal said the ...

The Overtime Wages Tax Relief Act, introduced by Sens. Roger Marshall (R-Kan.) and Tommy Tuberville (R-Ala.), would allow individuals to deduct up to $10,000 in overtime pay from their tax bill.