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New Tax Update: Overtime Pay Deduction (OBBB) If you earned overtime this year, there’s an important tax update you should know about. Under the One Big Beautiful Bill (OBBB), qualifying overtime pay may now be excluded from federal taxable income, provided certain requirements are met. This means eligible taxpayers could see a lower tax bill simply because their overtime earnings are treated differently. Why this matters: • Lower taxable income • Reduced federal tax liability • More take-home v
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