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Set up pay items for the OBBBA overtime premium
Do the following to set up a payroll item to report the OBBBA overtime premium amount from payroll checks on W-2s for tax year 2026 and later:
- Select.SetupPayroll Items
- Verify the calculation type for the payroll item is 1 of the following:
- Hourly rate
- Hourly rate - Total hours
- Salary - Hours sensitive
noteThese are the only calculation types that support automatic calculation of the OBBBA overtime premium. - SelectBox 12 - Code, thenTT - Total qualified overtime compensation; use for deduction on Sch. 1-A (Form 1040).
- In theOBBBA Overtime Calculationsection, use theBox 12 code TT based onfield to specify which hours are used to calculate the OBBBA overtime premium during payroll check entry.Calculation optionHours used from payroll checkHow Accounting CS calculates the OBBBA overtime premiumWhen to use this optionNone (manual entry)NoneAccounting CS doesn’t calculate the OBBBA overtime premium automatically. The premium amount must be entered manually.Use when the OBBBA overtime premium is calculated outside of Accounting CS or when a custom amount must be entered on each payroll check.Regular hours – OT rate presetReg Hours columnDivides the regular rate by 3, then multiplies the result by the number of hours entered in the Reg Hours column.Use when an overtime rate is already set on the pay item and the premium is calculated from regular hours.Regular hours – DT rate presetReg Hours columnDivides the regular rate by 4, then multiplies the result by the number of hours entered in the Reg Hours column.Use when a double‑time rate is already set on the pay item and the premium is calculated from regular hours.OT hoursOT Hours columnDivides the regular rate by 2, then multiplies the result by the number of hours entered in the OT Hours column.Use this option if the premium should be calculated from overtime hours only.DT hoursDT Hours columnDivides the regular rate by 2, then multiplies the result by the number of hours entered in the DT Hours column.Use this option if the premium should be calculated from double‑time hours only.OT and DT hoursOT Hours + DT Hours columnsDivides the regular rate by 2, then multiplies the result by the total hours entered in the OT Hours and DT Hours columns.Use this option if the premium should include both overtime and double‑time hours.noteFor new and existing pay items withW-2 Box 12 code TTselected, the default setting for theBox 12 code TT based onfield isOT hours.
This article applies to:
- Product: Accounting CS
- Subject: Payroll checks
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