OBBB Act of 2025: Interactive Analyzer
Understanding the One Big Beautiful Bill Act
This interactive guide breaks down the most significant tax legislation of 2025. Explore how the permanent extension of TCJA, new tax breaks, and major policy shifts will affect you and the U.S. economy.
Your Personalized Impact Summary
Select a profile to see the key provisions that matter most to you.
Policy Deep Dive
SALT Deduction Calculator (2025-2029)
The Act temporarily raises the SALT deduction cap from $10,000 to $40,000, but it phases out for high earners. Enter your Modified Adjusted Gross Income (MAGI) to see your personalized cap.
Your 2025 SALT Cap: $40,000
Bonus Depreciation Restored
The Act permanently restores 100% bonus depreciation, reversing the scheduled phase-down under prior law. This allows businesses to immediately deduct the full cost of new equipment.
Permanent R&D Expensing
The requirement to amortize domestic R&D costs over 5 years is repealed. Businesses can once again immediately deduct 100% of these expenses.
Permanent QBI Deduction
The 20% Qualified Business Income (QBI) deduction for pass-through entities is made permanent, providing long-term certainty for small businesses.
Clean Energy Credit Rollback
The Act systematically repeals or curtails most clean energy tax credits from the 2022 Inflation Reduction Act. The table below highlights the deadlines for key credits.
| Tax Credit | OBBB Act Change | Effective Deadline |
|---|---|---|
| New EV Credit (30D) | Repealed | For vehicles purchased after Sep 30, 2025 |
| Residential Solar (25D) | Expires | After Dec 31, 2025 |
| Utility-Scale Wind/Solar (45Y/48E) | Severely Curtailed | Must begin construction by end of 2025 |
Divergent Economic Forecasts
Official and independent analyses of the Act's 10-year impact on the national debt vary dramatically, highlighting a fundamental debate about the economic effects of tax cuts.
Legislative Timeline & Key Dates
May 22, 2025
House passes H.R. 1
July 1, 2025
Senate passes amended bill (51-50)
July 4, 2025
President signs OBBB Act into law
Dec 31, 2028
Tip/Overtime deductions expire
Dec 31, 2029
$40k SALT cap expires
