14 Jul 2026 Form W-2 Updates: No Tax on Tips & Overtime Under the OBBB Act 2026 Form W-2 Updates: No Tax on Tips & Overtime Under the OBBB Act Tuesday, July 14, 2026 (12:00 AM) to Wednesday, November 11, 2026 (11:59 PM) 2.0 PDCs Registration URL: https://pedu.io/product/2026-w2-no-tax-on-tips-overtime Email Details New recordkeeping and reporting requirements for qualified tips and qualified overtime. Definition of qualified tips • Definition of qualified overtime and how to compute it. How Social Security resources can be used to prepare, submit, and correct W-2 forms Due dates for filing and furnishing W-2 Forms and penalties for non-compliance Penalties for late or incorrect W-2 Forms: Due diligence procedures to avoid penalties Actions to be taken before year end to avoid employee information errors Forms W-2 and W-3 line by line: What goes in all those boxes? New Box 12 codes for 2026 Changes made to current Forms W-2 and W-3 The common W-2 errors, how to avoid them and how to correct them What to do when an employee’s name or tax ID number is incorrect Methods to reconcile Forms W-2 and 941 and what to do if differences are discovered Details You're Registered!