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Every OBBB Tax Write-Off Explained

Your complete guide to all OBBB deductions. Find out what you can claim and how much you can save.

OBBB Individual Deductions List

Deduction Comparison Table

DeductionMax AmountKey Eligibility
Overtime$12,500 / $25,000FLSA-covered employees with overtime pay.
Tips$25,000Employees who receive tips.
Car Loan Interest$10,000Interest on a loan for a primary vehicle.
Senior$6,000Age 65 or older by Dec 31.
SALT Cap$40,000Taxpayers who itemize deductions.
Child Tax Credit$2,200 per childParents with qualifying children.
Pass-through20% of QBIOwners of sole proprietorships, partnerships, S-corps.

Eligibility Checklist

Worked Overtime?

If you are an hourly employee who worked more than 40 hours a week, you may be eligible for the Overtime Deduction.

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Earned Tips?

Service industry workers who receive tips can benefit from a generous Tips Deduction.

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Have a Car Loan?

If you are paying off a loan for your primary vehicle, the interest might be deductible.

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Are You Over 65?

Seniors get an extra standard deduction to reduce their taxable income.

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Pay High State/Local Taxes?

The increased SALT cap to $40,000 helps homeowners and high-earners in high-tax states.

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Have Children?

The Child Tax Credit has been increased, providing more relief for families.

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Own a Small Business?

The 20% Qualified Business Income (QBI) deduction for pass-through entities is now permanent.

Frequently Asked Questions

Which OBBB deduction is the most valuable?

The value of each deduction depends on your personal circumstances. For many, the permanent Pass-through Business Deduction or the increased SALT Cap of $40,000 will offer the most significant savings. High-income earners with overtime may benefit most from the Overtime or Tips deductions.

Can I claim more than one OBBB deduction?

Yes, absolutely. You can claim any and all OBBB deductions for which you are eligible. They are not mutually exclusive. Use our Eligibility Checklist to see which ones you might qualify for.

Are these deductions available in all states?

These are federal tax deductions established by the OBBB Act. While they apply to your federal income tax return, their impact on your state taxes can vary. Some states automatically conform to federal tax law, while others may decouple from specific provisions. Always check your state's tax regulations.

Tools & Guides

Calculate Your Total Savings

Use our main calculator to see how these OBBB deductions stack up for your tax situation.

Go to Main Calculator

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