Skip to content

Deduction estimator

All four Schedule 1-A deductions in one place — tips, overtime, car loan interest and the senior deduction. Enter what applies to you and this works out how much of each survives the cap and the phase-out at your income.

Step 1: About you

$

Your income before these deductions. Every phase-out is measured against it.

Step 2: Which of these apply to you?

Pick any that apply — the amounts you need appear below. None of the four requires you to itemize.

Your estimate

—

Add your income, then tick whichever of the four apply to you.

Deduction breakdown
DeductionAmount
Deduction for qualified tips—
Deduction for qualified overtime compensation—
Deduction for passenger vehicle loan interest—
Enhanced deduction for seniors—

Estimate only. It does not compute your tax liability, and it ignores credits, state tax, and anything else specific to your return.

This site is general information, not tax advice. Figures are estimates and may not reflect the final IRS guidance for the tax year. Confirm your situation with a qualified tax professional or the IRS before filing.