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United States · Bill · HR

H.R. 561 (119th)

Overtime Pay Tax Relief Act of 2025

referredUnited States· United States Congress· EN

Introduced

20 January 2025

Last action

—

Status

Referred to the House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

3 March 2025

Summary

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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Documents

2 official files

Introduced in House

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