OBBBA Tax Savings Calculator
Estimate the federal income-tax effect of the temporary deductions for qualified tips, qualified overtime compensation, eligible seniors and qualified passenger-vehicle loan interest.
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How this estimate works
The tool estimates 2026 modified adjusted gross income, applies the selected standard or itemized deduction, then calculates ordinary federal income tax twice: before and after the eligible OBBBA deductions. The difference is the estimated income-tax saving.
- Qualified-tip and qualified-overtime deductions are capped and reduced above the applicable MAGI threshold.
- The senior deduction is calculated per eligible person and reduced by the statutory income phase-out.
- Qualified car-loan interest is capped at $10,000 and reduced above its MAGI threshold.
- Credits, alternative minimum tax, capital-gain rates, self-employment tax and state taxes are excluded.
Important: This calculator is an educational estimate, not tax advice or a filing determination. Eligibility depends on detailed statutory requirements and records. Verify your result with current IRS instructions or a qualified U.S. tax professional.
Official references: IRS OBBBA individual provisions · IRS Publication 505 (2026) · IRS 2026 tax tables and standard deductions.
Privacy: Your figures are calculated locally in your browser and are not submitted to TaxNexus.
