Four new tax deductions. Millions of returns missed them.
The 2025 tax law created brand-new federal deductions for tips, overtime pay, seniors 65+, and new car loan interest — in the first filing season they existed. If your return didn’t claim them, the IRS keeps the difference until you amend.
Check in 60 seconds. If money was left on the table, a licensed tax professional reviews your numbers for free and files the amendment for a flat fee — only if you choose to proceed.
Not sure whether your return claimed them? Check your filed 2025 return in 60 seconds — there’s one page (Schedule 1-A) that answers it.
Estimates only — not tax advice. Final amounts are confirmed by a licensed professional from your actual W-2 and return before any filing.
Did your 2025 return miss money?
What your 2025 return may have left behind.
Tip income
Servers, bartenders, stylists, delivery drivers, and other tipped workers
Tips reported on your W-2 (or to your employer) are now deductible from federal taxable income. Income limits apply above $150,000 ($300,000 joint).
Full guide →Overtime pay
Nurses, first responders, factory and warehouse workers, tradespeople
The premium portion of time-and-a-half overtime — the extra "half" — is deductible. Same income limits as the tip deduction.
Full guide →Seniors 65+
Anyone 65 or older by the end of 2025 — on top of the regular standard deduction
An extra $6,000 deduction per qualifying person ($12,000 for a couple both 65+). Phases out above $75,000 income ($150,000 joint).
Full guide →New car loan interest
Buyers who financed a new, US-assembled vehicle with a loan taken out in 2025
Interest on the loan is deductible even if you don’t itemize. Phases out above $100,000 income ($200,000 joint).
Full guide →All four deductions apply to tax years 2025 through 2028 under the One Big Beautiful Bill Act (P.L. 119-21). Income phase-outs apply; the checkup accounts for them.
Three steps to your missed refund.
- Run the free checkup. Sixty seconds, five questions. You get an instant estimate of what your 2025 return may have missed.
- Free professional review. A licensed tax professional confirms the real numbers from your W-2 and filed return and quotes a flat fee — before you commit to anything.
- Amendment filed, refund issued. If you proceed, Form 1040-X is prepared and filed on your behalf. The IRS typically processes amended returns in 8–16 weeks. Haven’t filed yet? Even better — the deductions go on your original return.
How the deductions apply to your job.
Every occupation has its own wrinkles — FLSA exemptions, tip pooling, day rates, 1099 rules. Find yours:
What people actually ask.
No. If your return missed any of the four new deductions, a licensed tax professional can file an amended return (Form 1040-X) to claim them, and the IRS issues the difference as a refund. Amended returns can generally be filed up to three years after the original filing.
Amended returns typically take the IRS 8–16 weeks to process.
The deductions were created in July 2025 — mid-year — and 2025 was the first filing season they existed. Early filers, DIY software users who skipped unfamiliar questions, and preparers working from prior-year checklists all missed them at meaningful rates. The overtime deduction was especially easy to miss because the deductible amount (the premium portion) isn’t a line item on most pay stubs.
No — it’s a screening estimate based on the numbers you enter and the 2025 federal rules, including income phase-outs. A licensed tax professional confirms the actual amounts from your W-2 and filed return before anything is submitted to the IRS. If the review finds you don’t qualify, you’ll be told exactly that.
The checkup and the professional review of your numbers are free. If you choose to proceed with an amendment, it’s prepared and filed by a licensed professional for a flat fee quoted up front — no percentage of your refund, no surprises.
The four deductions are federal. Some states conform to federal changes and some don’t — the professional reviewing your case will flag any state-level opportunity as part of the same review.
Yes — all four run through tax year 2028 under current law. Once your 2025 refund is handled, claiming them correctly on future returns is straightforward.