Enter pay details below. This calculator isolates the premium OT portion only.
Deduction After Cap
$0.00
Phaseout Reduction
$0.00
Phaseout starts at $150,000 for Single and $300,000 for MFJ.
Real Calculator Style • YebboTax™
This tool estimates the qualified overtime premium
under the OBBB overtime deduction concept. It is designed for quick website use, client education, and office intake screening.
Qualified OT Premium
$0.00
Annual Cap Applied
$0.00
Estimated Allowed Deduction
$0.00
Formula Used
Qualified OT = Total OT Pay − (Regular Rate × OT Hours)
If Total OT Pay is blank, then:
Qualified OT = (OT Rate − Regular Rate) × OT Hours
Allowed Deduction = min(Qualified OT, Annual Cap) − Phaseout Reduction
What Information Is Needed
Regular hourly rate
Overtime rate
Overtime hours
Total overtime pay, if shown on paystub
Estimated MAGI and filing status
Tip: if OT is true time-and-a-half, the qualified premium is usually about 1/3 of total OT pay
.
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