Find out if itemizing or the standard deduction saves you more — updated for the OBBBA, including the new $40,000 SALT cap and enhanced senior deduction.
Step 1 of 5
Step 1: Your Filing Information
Enter your numbers in the highlighted gold fields. Everything else calculates automatically.
Are you age 65 or older?
Are you legally blind?
Spouse age 65+?
Spouse legally blind?
Step 2: State & Local Taxes (SALT)
New $40,000 cap under the One Big Beautiful Bill Act
The SALT deduction cap increased from $10,000 to $40,000 for 2025. You can deduct income tax or sales tax (not both) — we pick the higher one.
Annual taxes on vehicles/boats based on value (not all states).
Step 3: Mortgage Interest
Step 4: Charitable & Medical
Donations to qualified 501(c)(3) organizations. Generally limited to 60% of AGI.
Donated clothing, household items, stock, vehicles at fair market value.
Step 5: Other Deductions
Casualty/theft losses from a federally declared disaster?
TaxDecoded
This analysis is for educational and informational purposes only. It does not constitute tax advice. Consult a qualified tax professional for guidance specific to your situation.
Built by TaxDecoded
This tool is for educational and informational purposes only and does not constitute tax advice. Tax laws are complex and individual circumstances vary. Consult a qualified tax professional for advice specific to your situation.