Marshall’s proposal would deny the new deduction to some top earners and cap it at $10,000 for individuals and $20,000 for married couples, according to the Wall Street Journal. The break for overtime pay would additionally be phased out once an individual’s adjusted gross income surpasses $100,000 or when a married couple’s income reaches $200,000.
Fyi. Current bill that passed the house. So a single topped out UPS driver would hit the cap after 150 hours of OT. So about 3 hours of OT a week untaxed. That's phased out when you go over $100,000 a year.
So no need to hit 60 every week. Hit 43 for the maximum tax benefits.