About the Big Beautiful Bill Tax Calculator
The One Big Beautiful Bill Act (OBBBA), also known as H.R.1, introduced major tax changes for 2025-2028. Our free calculator helps you understand and maximize these new deductions.
New OBBBA Deductions for 2025
- No Tax on Tips – Workers in 68+ tipped occupations can deduct up to $25,000 in tip income
- No Tax on Overtime – FLSA-eligible employees can deduct overtime pay up to $25,000 (MFJ)
- Auto Loan Interest – Deduct up to $10,000 in interest on new US-assembled vehicle loans
- SALT Cap Increase – State and local tax deduction cap raised from $10,000 to $40,000
- Senior Bonus – Additional $6,000-$12,000 deduction for taxpayers 65+
Who Benefits from These Tax Changes?
Service workers, hourly employees, seniors, homeowners in high-tax states, and new car buyers can all benefit from the OBBBA provisions. Use our calculator above to see your personalized savings.