HR 561 · 119th Congress · Taxation
Overtime Pay Tax Relief Act of 2025
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2025-01-20)
Plain Language Summary
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Overtime Pay Tax Relief Act of 2025 This bill allows a tax deduction for overtime compensation received by an individual, subject to income limitations, through 2029. The amount of the deduction may not exceed 20% of the individual’s regular wages from the same employer. Further, the deduction is not allowed for an individual with adjusted gross income exceeding $100,000 (or $150,000 for a head of the household and $200,000 for a married couple filing a joint return). …
Summarized by Claude AI · Non-partisan · For informational purposes only