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).
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| Congress | 119 |
| Bill Type | HR |
| Bill Number | 561 |
| Origin Chamber | House |
| Current Status | Referred to the House Committee on Ways and Means. |
| Policy Area | Taxation |
| Primary Committee | Not assigned |
| Introduced | January 20, 2025 |
| Latest Action | January 20, 2025 |
| Cosponsors | 0 · House vote — · — views |