Reduces federal adjusted gross income by the amount of overtime compensation earned by an individual in certain circumstances; defines overtime compensation.
Income tax; exclude overtime compensation from gross income.
Income tax; exclude overtime compensation from gross income.
State Overtime Compensation Income Tax
Provide for an income tax adjustment for income received from overtime compensation
Federal individual income tax deduction for qualified overtime compensation adopted.
Exempts certain overtime compensation and income earned from tips from state income taxation (OR DECREASE GF RV See Note)
Income tax; exclude overtime compensation
Provide an income tax adjustment for tip income and income received from overtime compensation
Income tax; exclude a portion of overtime compensation and cash tips