Ironworker Overtime Tax Deduction Calculator
For rod busters and structural hands on deadline pushes.
The short answer: At the numbers below, the deduction is $6,270, worth $1,379 at 22% ($53 per paycheck).
Regular rate (not OT rate)
Hours worked beyond 40/week
Modified Adjusted Gross Income
Overtime Premium Deduction
$6,270
✅ You qualify for the full deduction
⚠️ This calculator provides estimates for informational and educational purposes only. It is not tax advice. Results are based on the One Big Beautiful Bill Act (OBBBA) and IRS Schedule 1-A. Consult a qualified tax professional for your specific situation.
Push Weeks Pay Twice Now
Structural deadlines mean 5×10s and 6×8s for weeks at a time — every hour past 40 at 1.5× builds deductible premium.
- • Push-schedule hours past 40/week → deductible
- • Per-diem travel excluded from the math
- • Keep paystubs; 2025 W-2s don't break out OT premium
Worked Example
Single ironworker, $33/hour, 380 OT hours.
- • Premium $16.50 × 380 → $6,270; $1,379 at 22%
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Frequently Asked Questions
Do ironworkers qualify for the OBBBA overtime deduction?
Yes. W-2 hourly ironworkers deduct the premium half of OT beyond 40/week, capped at $12,500/$25,000 with a MAGI phase-out.
What about union pay dues and funds?
Deductions to union funds reduce W-2 wages, which reduces the premium base — use your W-2 OT figures, not gross offer sheets.