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Overtime, tax on tips

USA TODAY · 1d

How will no tax on overtime work? Here’s what Trump’s BBB means for your paycheck, taxes

So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the Mid-Atlantic, especially in industries like healthcare, manufacturing, and construction where extra hours are common. But don’t expect your weekly paycheck to grow. The savings will come when you file your 2025 taxes in early 2026.

U.S. News & World Report · 1d

What to Know -- and What Isn't Known Yet -- About US Tax Deductions for Tips and Overtime Pay

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year

Courier-Post Cherry Hill, NJ on M… · 1d

How does no tax on tips, overtime work? What to know about your tax refund

Now that President Donald Trumps signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns. This means you won’t see an immediate boost in your take-home pay — taxes will still come out of your paycheck — but when you file for 2025 early next year,

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How does no tax on tips, overtime work? How Big Beautiful Bill will impact your tax refund

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

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These you pay in taxes based on your income combined with Social Security

This is how your income affects the taxes you pay on Social Security benefits based on federal rules and income thresholds set by the IRS.

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Can't afford your tax bill in today's economy? You have options.

Can't fully pay your tax bill in today's economy? Various options may be suitable for your unique circumstances.

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How Will Trump’s Big Bill Affect Your Wallet?

The wide-ranging domestic policy legislation could impact your taxes, clean energy choices, health care access and more.

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