Will Quickbooks be filling in the new overtime wage deduction amount on the W-2's?

That’s a great question, @Tishie18.
 

I'll provide more details below that explains whether QuickBooks will fill in the new overtime wage deduction amount on W-2s.
 

QuickBooks will not fill in a new overtime wage deduction amount on W-2s for 2025 because the IRS hasn’t added a W-2 field for it. If the IRS introduces new reporting requirements, QuickBooks will update automatically.
 

For the 2025 tax year, federal withholding tables and tax forms remain unchanged per the IRS. QuickBooks Payroll will continue to calculate taxes on eligible overtime using current rules.
 

As the IRS finalizes guidance on reporting qualified overtime, QuickBooks will monitor updates and automatically manage any new W-2 reporting requirements. You'll receive email notifications to keep you informed of changes or actions needed.
 

For further information, check out this QuickBooks blog: Details on the One Big Beautiful Bill Act and how it affects payroll.

Feel free to Reply if you have further questions or concerns. We're here to help.

Good morning, SusanKeen.

That is a great question, and I'm glad you reached out for clarification before processing your W-2s.

Overtime should not be deducted from Box 1 & Box 16 when added to Box 14, as Box 14 is an informational field. It is used to report additional details to employees, such as union dues, educational assistance, or a breakdown of wage types like overtime.

While Box 1 (Wages, tips, other compensation) and Box 16 (State wages) represent the total taxable wages paid to an employee during the year, which include both regular pay and overtime pay combined.

You can think of Box 14 as a "memo" field. If overtime information is included there, it simply provides further detail about a portion of wages that are already included in Boxes 1 and 16. The overtime wages remain part of the total taxable compensation.

If you have additional questions about preparing W-2s, please don't hesitate to follow up.