Neil Freiman

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Welcome to Neil's Numbers, the segment where I share three stats in the week's news that won't help you do your taxes, but it will make you a more well-rounded person.

For my first number, hey, actually, this might help you do your taxes.

Early data show that the new overtime deduction is a smash hit.

According to Politico, almost 20 million taxpayers have claimed the overtime break so far this tax season, showing up on about 23% of all returns and far up pacing most existing popular tax breaks like the mortgage interest deduction.

The overtime deduction dates back to last July, when President Trump signed the one big beautiful bill act into law.

Among other changes to the tax code, the overtime break allows couples to deduct up to $25,000 for certain types of work in specific circumstances.

Apparently, that has become an extremely popular thing to do.

But many questions are still unanswered, Politico notes.

First of all, we don't have information about why people are filing for the deduction.

For instance, whether they're working more to claim it or they're just logging their normal long hours and are finally able to snag a break.

Others are even more skeptical, saying that the numbers could be inflated.