The IRS is telling some of its employees, in the final weeks of the filing season, that their wages were miscalculated on tax forms, and that they may need to submit corrected tax returns.
The errors concern the non-taxable portion of overtime wages. The One, Big Beautiful Bill Act that was signed into law last year eliminated taxes on overtime from 2025 to 2028. Individual taxpayers may deduct up to $12,500 in overtime wages from taxable income, and joint filers can deduct up to $25,000.
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