qualified overtime compensation
Defined in 1 place of the United States Code.
For purposes of this section, the term “qualified overtime compensation” means overtime compensation paid to an individual required under section 7 of the Fair Labor Standards Act of 1938 that is in excess of the regular rate (as used in such section) at which such individual is employed.
Source
- 2026–present26 U.S.C. § 225Internal Revenue Code · Qualified overtime compensation · for purposes of this section