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2 weeks ago
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@Eddy87 That's not the way I interpret what can happen on the W2. Box 14 can have 2 different figures for Overtime. If it has TOT OT or something aligning with that and does NOT have the designation TT, then that is the total overtime wages, and would be subject to being divided by 3 on Schedule 1-A.
If it has the designation TT followed by an amount, the employer has already done the calculation for you, AND you would enter that on Schedule 1-A directly in the do not calculate (do not divide by 3), area and that is your qualified overtime deduction.
and @mhs1826 is correct on it being Time & a Half Overtime... employee probably got a raise at some point in the year.
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