Interpreted Prediction
There will be a cap on the amount of overtime pay that can be tax-free.
AI Evaluation Notes
Evaluated on 2026-04-29
The 'One Big Beautiful Bill Act' (OBBBA) passed in July 2025 included a 'No Tax on Overtime' provision that implemented a specific cap on the amount of overtime pay eligible for a federal income tax deduction ($12,500 for single filers and $25,000 for joint filers), exactly as predicted.
Prediction Details
Topic