Use this calculator to see the effect on your total deductions and your taxes from the SALT cap increase in the 2025 Trump tax law.
No Tax on Overtime in 2025 Trump Tax Law. What’s the Catch?
A deep dive into “No Tax on Overtime” in the new 2025 Trump tax law, with a calculator to estimate tax savings. It’s not what you think.
No Tax on Tips in 2025 Trump Tax Law. What’s the Catch?
A deep dive into “no tax on tips” in the new 2025 Trump tax law, with a calculator to estimate tax savings. What qualifies and what doesn’t?
Tax Deductions: Above-the-Line, Itemized, and Neither
Some tax deductions are neither above-the-line nor itemized. They’re available if you take the standard deduction, but they don’t lower your AGI.
$1,000 Charity Donation Deduction in the 2025 Trump Tax Law
The 2025 Trump tax law adds a new tax deduction for charity donations when you don’t itemize and lowers the deduction when you do, starting in 2026.
Deductible Car Loan Interest in the New 2025 Trump Tax Law
The 2025 Trump tax law made car loan interest deductible with many strings and only temporarily. See what qualifies and what does not.
Social Security Is Still Taxed Under the New 2025 Trump Tax Law
The new 2025 Trump tax law doesn’t eliminate federal income tax on Social Security benefits. Social Security is still taxable just as before.
2024 Mortgage Interest Limit in TurboTax, H&R Block, FreeTaxUSA
Here’s how to handle mortgage interest deduction in tax software TurboTax, H&R Block, and FreeTaxUSA when your mortgage is above the $750,000 limit.
2023 Self-Employed ACA Health Insurance Subsidy In H&R Block
If you’re self-employed and you buy health insurance from the ACA exchange, here’s how to use H&R Block software to calculate the subsidy and tax deduction.
2023 Self-Employed ACA Health Insurance Subsidy In TurboTax
If you’re self-employed and you buy health insurance from the ACA exchange, here’s how to use TurboTax to calculate the subsidy and tax deduction.
An Unusually High Marginal Tax Rate Means Paying Lower Taxes
An unusually high marginal tax rate isn’t a problem. You’re rewarded with paying lower taxes. You live on after-tax dollars, not rates.
When TurboTax and H&R Block Give the Wrong ACA Subsidy
If you’re self-employed on ACA health insurance, TurboTax and H&R Block software may give wrong numbers for the subsidy. Use this calculator instead.