OBBBA Calc

W-2 Forms

Employer Overtime and Tips Reporting for 2026: What Payroll Must Do

Mandatory W-2 reporting from 2026: Box 12 codes TT and TP, Box 14b occupation codes, the W-2c correction duty and the rare 1099 cases.

2026-10-18

W-2 Box 12 Codes TT and TP, and Box 14b: What the New Entries Mean

Code TT is qualified overtime, code TP is qualified tips, and Box 14b carries your Treasury Tipped Occupation Code. Where each number goes on Schedule 1-A.

2026-10-18

Your Code TT Figure Does Not Match Your Paystub: What to Do

Run the divide-by-3 check first, understand the common employer-side causes, and follow the W-2c correction route when the W-2 is wrong.

2026-10-18