About What's My Tax Savings

Our Mission

WhatsMySavings.com was created to help everyday Americans quickly and easily understand how the One Big Beautiful Bill Act (OBBB) affects their taxes. We believe that everyone deserves access to clear, accurate information about tax laws that impact their financial lives—without complicated jargon or expensive software.

The OBBB Act, signed into law on July 4, 2025, introduced significant tax deductions for millions of working Americans. However, navigating the complex rules, income limits, and phase-outs can be overwhelming. That's where we come in.

What We Do

We provide a free, fast, and private tax calculator that estimates your potential savings under the OBBB Act's four major deductions:

• No Tax on Tips – Up to $25,000 deduction for tipped workers
• No Tax on Overtime – Up to $12,500 deduction ($25,000 married) for overtime premium pay
• Car Loan Interest – Up to $10,000 deduction for qualifying new vehicle loans
• Senior Deduction – Additional $6,000 per person (age 65+)

Our calculator performs all calculations entirely in your web browser. We do not collect, store, or transmit any of your financial information. Your privacy is our priority.

Why We Built This

When the OBBB Act was passed in 2025, we recognized that millions of Americans would benefit from these new tax deductions—but many wouldn't realize just how much they could save. Restaurant servers, bartenders, delivery drivers, nurses, manufacturing workers, and seniors all stand to benefit significantly, but the complex phase-out rules and eligibility requirements make it difficult to estimate actual savings.

We wanted to create a simple tool that anyone could use to get a clear answer to the question: "How much will I save?"

Our Commitment to Accuracy

Our calculator is based on official IRS guidance for Public Law 119-21 (the OBBB Act) and uses the 2025 federal tax brackets. We've carefully programmed the phase-out calculations and income limits to match the law as written.

However, please note: This calculator provides estimates for informational purposes only. It does not constitute professional tax advice. For personalized guidance on your specific tax situation, we recommend consulting with a qualified tax professional or CPA.

Who Can Use This Calculator?

Our calculator is designed for:

• Tipped workers – Restaurant servers, bartenders, delivery drivers, hairstylists, taxi drivers
• Overtime workers – Manufacturing employees, nurses, retail workers, warehouse staff
• Car buyers – Anyone purchasing a new, US-assembled vehicle with financing
• Seniors – Taxpayers age 65 or older
• Families – Anyone who wants to understand their combined household savings

What Makes Us Different?

Unlike complex tax preparation software that requires extensive setup and personal information, our calculator:

• Provides instant estimates without registration
• Focuses exclusively on OBBB Act deductions (not full tax preparation)
• Respects your privacy by not collecting your data
• Uses a clean, simple interface that anyone can understand
• Works on any device without downloading apps or software

We're Not a Tax Preparation Service

WhatsMySavings.com is an educational resource, not a tax preparation service. We do not:

• Prepare or file tax returns
• Provide personalized tax advice
• Store or process your financial information
• Replace the services of a qualified tax professional

Think of us as your first stop for understanding the OBBB Act—a quick, easy way to estimate your potential savings before consulting with a tax professional or using tax preparation software.

Our Values

Transparency

We're upfront about what we do and don't do. Our calculator methodology is based on publicly available tax law, and we clearly state our limitations.

Privacy

We believe your financial information should stay yours. That's why our calculator runs entirely in your browser—we never see your data.

Accessibility

Tax information should be available to everyone, not just those who can afford expensive software or professional services. Our calculator is free and always will be.

Accuracy

We strive to keep our calculator up-to-date with the latest IRS guidance and ensure our calculations reflect the law as written.

Not Affiliated with the Government

WhatsMySavings.com is an independent website. We are not affiliated with, endorsed by, or connected to the Internal Revenue Service (IRS), the U.S. Department of Treasury, or any government agency. All information is based on publicly available official sources.

Questions or Feedback?

We're always looking to improve. If you have questions about the OBBB Act, suggestions for improving our calculator, or feedback on your experience, we'd love to hear from you.

While we cannot provide individual tax advice, we welcome general questions and suggestions that can help us make this tool more useful for everyone.

Stay Informed

The OBBB Act is new legislation, and the IRS continues to release guidance on specific provisions. We'll update our calculator as new information becomes available to ensure you're getting the most accurate estimates possible.

Key dates to remember:

• January 1, 2025: OBBB Act deductions take effect
• October 2, 2025: IRS to publish official list of qualifying tipped occupations
• 2025-2028: Tax years when temporary deductions are available
• April 15, 2026: First tax season where these deductions can be claimed

Our Commitment Going Forward

As long as the OBBB Act's provisions remain in effect (2025-2028 for temporary deductions, permanently for others), we're committed to maintaining this free resource for Americans. We'll continue to:

• Update our calculator based on new IRS guidance
• Provide clear, accessible information about the law
• Protect user privacy
• Keep the service completely free

Thank you for using WhatsMySavings.com. We're here to help you understand your tax savings under the OBBB Act—simply, quickly, and privately.