Updated for the 2025 tax law

The 2026 tax laws changed. See what you get back.

Free, private calculators for the new deductions — tips, overtime, car loan interest, the senior deduction and the RAP student loan plan. No signup, and nothing you type ever leaves your browser.

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New deduction calculators

Pick the deduction that applies to you and see your estimated savings in seconds.

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No Tax on Tips

Tipped workers can deduct up to $25,000 of tips. See your deduction and tax savings.

New for 2025 to 2028

No Tax on Overtime

Deduct up to $12,500 of overtime premium pay ($25,000 for couples). Check your savings.

New for 2025 to 2028
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Car Loan Interest + VIN Check

Deduct up to $10,000 of car loan interest. Paste your VIN and see instantly if your car qualifies.

New for 2025 to 2028
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Senior Deduction (65+)

An extra $6,000 deduction per person age 65 or older. See if you qualify and how much you keep.

New for 2025 to 2028
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RAP Plan Calculator

The new RAP student loan plan started July 1, 2026. Free calculator to estimate your monthly payment.

Live since July 2026
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Trump Account Calculator

See how much your child's Trump Account could grow. $1,000 government deposit for kids born 2025 to 2028.

Live since July 4, 2026
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SALT Deduction Calculator

The SALT cap rose from $10,000 to $40,000. See how much more you can deduct in state and local taxes.

New for 2025 to 2029
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IBR Payment Calculator

Estimate your Income Based Repayment payment and compare it to RAP side by side.

Compare IBR vs RAP
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PSLF Forgiveness Estimator

See how many payments you have left, your monthly cost, and how much gets forgiven tax free.

Public Service Workers
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Discretionary Income Calculator

Find your discretionary income for IBR using the 2026 poverty guidelines.

For IBR Payments

Quick answers to this year’s big tax questions

Short, plain-English guides to the rules behind each deduction.

What is Schedule 1-A?

The new IRS form for all four deductions. What each part does and where to find your numbers.

Trump Accounts: what parents need to know

$1,000 free for kids born 2025 to 2028. How to open one, contribution limits, and growth projections.

Which cars qualify for the loan deduction?

A list of US assembled models, plus the 30 second VIN trick.

Is overtime tax free in 2026?

Partly. Only the extra half of time and a half counts. Here is the math.

Which jobs qualify for no tax on tips?

Servers, drivers, stylists and more. The occupation list explained.

RAP vs IBR: which loan plan wins?

Payment formulas, forgiveness timelines, and who should pick which.

RAP and PSLF: does the new plan count?

Yes. Why RAP usually gives the lowest payment for public service workers.

RAP and married filing separately

Filing separately can cut your payment in half. But the new law added penalties.

Parent PLUS loans and RAP

They do not qualify. Not even after consolidation. Here is what to do instead.

How to apply for RAP

Step by step guide. What you need, where to go, and how long approval takes.

Standard deduction 2026

$16,100 single, $32,200 married. Plus what stacks on top this year.

Is Social Security tax free now?

Not exactly. The new $6,000 senior deduction explained.

SAVE is gone. What now?

The 90 day letters, the Standard Plan trap, and how to pick your next plan.

RAP payment examples by income

What RAP really charges from $20,000 to $120,000, with and without kids.

W-2 codes TP and TT explained

Where your tips and overtime show up on the W-2, and the 2025 gap year.

Do you still pay Social Security on tips?

Yes. What the new law removes and what still comes out of your check.

DoorDash and Uber tips deduction

App tips count. But gig workers face a net profit limit nobody mentions.

Married? What doubles and what does not

Four deductions, four different rules for couples, one filing trap.

Your state may still tax your tips

The deductions are federal only. What that means for your state refund.

Leases, used cars, and refinancing

The three car loan deduction follow-up questions everyone asks.

Form 1098-VLI explained

The new car loan interest tax form. When to expect it and what to do if you did not get one.

Overtime deduction for nurses and truckers

Who actually qualifies, and the trucker exemption that shocks drivers.

What changed in the tax law?

Congress passed a major tax law in July 2025. People call it the One Big Beautiful Bill. It created four brand new deductions for tax years 2025 through 2028. Tips, overtime premium pay, car loan interest, and an extra deduction for seniors.

These deductions are special. You can claim them even if you take the standard deduction. You claim them on a new form called Schedule 1-A. Millions of workers qualify and many do not know it yet.

The same law also replaced the old income driven student loan plans. The new plan is called RAP. It opened for enrollment on July 1, 2026.

The law also created Trump Accounts, a new type of IRA for children that launched July 4, 2026. Children born 2025 to 2028 get a $1,000 government deposit.

Each tool on this site explains the rules in simple words anyone can follow. Then it does the math for you.