Tax years 2025–2028 · One Big Beautiful Bill ActAll calculators

Free 2025–2028 Federal Tax Deduction Calculators

The One Big Beautiful Bill Act created several new federal tax breaks. These free, IRS-sourced calculators estimate what each one is worth to you — no sign-up, no spreadsheets.

10 calculatorsVerified against IRS primary sourcesUpdated July 2026

No Tax on Overtime

Deduct up to $12,500 ($25,000 joint) of qualified overtime premium pay.

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No Tax on Tips

Deduct up to $25,000 of qualified tips from your federal taxable income.

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Car Loan Interest

Deduct up to $10,000 of interest on a qualifying new-car loan.

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Senior Deduction

Estimate the new $6,000-per-person deduction for taxpayers 65 and older.

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Child Tax Credit 2025

Estimate your 2025 credit — $2,200 per child plus $500 per other dependent.

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Standard Deduction 2025

Find your 2025 standard deduction with the new higher OBBBA amounts.

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SALT Cap 2025

See your allowable SALT deduction under the new $40,000 cap and phase-out.

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Trump Account

Project a child's balance at 18 from the $1,000 federal seed plus contributions.

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Estimated Tax & Penalty

Find your 2026 quarterly payment, safe-harbor amount, due dates and penalty risk.

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OBBBA Deduction Estimator

Combine tips, overtime, car-loan and senior deductions into one total saving.

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About these calculators

Each tool is built directly from IRS guidance — fact sheets, form instructions, and the underlying statute — for the deductions and credits enacted or changed by the One Big Beautiful Bill Act (P.L. 119-21) for tax years 2025 through 2028. We show the cap, the income phase-out, and a worked example for every calculator, and we cite the IRS source on each page.

These are estimates for planning, not tax advice. Some 2026 figures come from proposed regulations and may change before filing. Always confirm your specific situation with a qualified tax professional or the official IRS forms.