111 / 356

TaxCutCalcs

TaxCutCalcs - Product Hunt launch logo and brand identity

Free calculators for all 5 new OBBBA tax deductions in 2025

#Productivity #Finance #Personal Finance

TaxCutCalcs – Free calculators for all 5 new OBBBA tax deductions in 2025

Summary: TaxCutCalcs provides free calculators for the five new tax deductions introduced by the One Big Beautiful Bill Act (OBBBA) in 2025, enabling users to quickly determine their exact deductions and tax savings based on IRS Notice 2025-69 and Schedule 1-A.

What it does

It calculates deductions for no tax on tips (up to $25,000), no tax on overtime (up to $12,500), car loan interest (up to $10,000), senior deduction ($4,000+), and SALT deduction with a $40,000 cap by processing user input in under 60 seconds without requiring sign-ups.

Who it's for

It targets workers such as servers, bartenders, nurses, construction workers, delivery drivers, and truckers who typically lack access to accountants and need to navigate complex new tax rules.

Why it matters

It simplifies calculating new deductions that are not clearly itemized on W-2s and helps users comply with recent IRS guidance and forms without extensive tax knowledge.