The Big Beautiful Bill (BBB) permits the overtime premium portion of qualified overtime pay to be treated as non-taxable. Employers are required to separately identify this amount on Form W-2, Box 14, using Code “TT” or “OT Prem.”

To ensure compliance and proper reporting, we should maintain clear and contemporaneous records of the overtime premium component while processing payroll in EasyAcct. Are we supposed to separate the pay on the input or should there be an internal calculation for OT Premium