NEW OBBB Docs

No tax on overtime – We will need a copy of your last paystub if you received overtime pay during the year.

No tax on tips – This information should be on your W-2 Form. If you are self employed we will need the total amount of tips received that is included in your Gross Pay.

Car Interest Deduction – We will need the year, make and model of your new vehicle purchased. We will need the VIN of the vehicle, and we will need proof of the interest paid during the year on the vehicle.

Charitable Contributions: We will need a total of your charitable contributions made during the year. You will be responsible for providing proof (receipts) if IRS wants additional proof of the deduction.

Trump Accounts – This will be a separate form for all children born in 2025, 2026 and 2027. Additional guidance will be available once IRS issues more information.