# Sproutcalc > Sproutcalc is a free, independent site with calculators and plain-English guides for Trump Accounts and the Schedule 1-A deductions for tips, overtime, car loan interest and seniors (tax years 2025 to 2028). Every figure links to its IRS source. Sproutcalc is an independent site, not affiliated with the IRS, the US Treasury or TrumpAccounts.gov. Results are estimates, not tax advice. Check your return with the official IRS forms. Calculators run in the visitor's browser and nothing typed into them is stored. Content is written and checked by the Sproutcalc team against IRS forms, instructions and guidance. Figures last checked against IRS sources on 13 November 2026. ## Start here - [Sproutcalc home](https://sproutcalc.com/): Sproutcalc is a free, independent site with calculators and plain-English guides for Trump Accounts and the Schedule 1-A deductions for tips, overtime, car loan interest and seniors (tax years 2025 to 2028). Every figure links to its IRS source. ## Calculators and tools - [Trump Account eligibility checker](https://sproutcalc.com/trump-account/eligibility/): Answer four questions to see if your child can have a Trump Account and get the $1,000 Treasury deposit. - [Trump Account growth calculator](https://sproutcalc.com/trump-account/calculator/): See what your child's account could hold at 18, with the Treasury deposit, your own contributions and any employer money. - [Schedule 1-A calculator: all four new deductions](https://sproutcalc.com/schedule-1a-calculator/): Estimate your tips, overtime, car loan interest and senior deductions together, with each one's income phase-out applied. Tax years 2025 to 2028. - [No tax on overtime calculator](https://sproutcalc.com/no-tax-on-overtime/calculator/): Estimate your federal deduction for qualified overtime pay under the 2025 tax law, for tax years 2025 to 2028. - [No tax on tips calculator](https://sproutcalc.com/no-tax-on-tips/calculator/): Estimate your federal deduction for qualified tips, tax years 2025 to 2028. - [W-2 box 12 codes TT and TP, decoded](https://sproutcalc.com/w2-box-12-code-tt-tp/): Your 2026 W-2 is the first with separate codes for overtime and tips. Type in what yours says and see what it means for your deductions. - [Was my car built in the US? VIN check](https://sproutcalc.com/car-loan-interest-deduction/vin-check/): Enter your 17-character VIN to see the final assembly plant, using NHTSA's free vehicle database. A rule for the car loan interest deduction. ## Guides - [Trump Accounts: what they are and how to get one](https://sproutcalc.com/trump-account/): A tax-advantaged investment account for children under 18, created by the 2025 tax law. Accounts opened for contributions on 4 July 2026. - [How to open or claim a Trump Account](https://sproutcalc.com/trump-account/how-to-open/): Many children already have an account that Treasury created automatically. If yours does, you claim it. If not, you open one with Form 4547. - [The Dell $250 Trump Account deposit](https://sproutcalc.com/trump-account/dell-250/): Michael and Susan Dell pledged $6.25 billion to put $250 into the Trump Accounts of 25 million children born too early for the $1,000 deposit. - [No tax on overtime: how the deduction works](https://sproutcalc.com/no-tax-on-overtime/): From 2025 to 2028 you can deduct the extra half of time-and-a-half pay, up to $12,500 a year ($25,000 joint). It cuts federal income tax only. - [Who qualifies for no tax on overtime?](https://sproutcalc.com/no-tax-on-overtime/who-qualifies/): You qualify if your overtime is required by federal law and reported to you, you have a valid Social Security number, and you file jointly if married. - [No tax on tips: how the deduction works](https://sproutcalc.com/no-tax-on-tips/): From 2025 to 2028, workers in more than 70 tipped occupations can deduct up to $25,000 of qualified tips a year from federal income tax. - [Tipped occupations list for the no tax on tips deduction](https://sproutcalc.com/no-tax-on-tips/occupations/): Only tips earned in these 71 occupations count. The three-digit number is the Treasury Tipped Occupation Code in box 14b of your 2026 W-2. - [Car loan interest deduction: rules and examples](https://sproutcalc.com/car-loan-interest-deduction/): From 2025 to 2028 you can deduct up to $10,000 a year of interest on a loan for a new, US-assembled vehicle bought for personal use. - [The $6,000 senior deduction: who gets it](https://sproutcalc.com/senior-deduction/): From 2025 to 2028, people age 65 and over can deduct an extra $6,000 each, on top of the existing higher standard deduction for seniors. - [Trump Account vs 529 plan: which to fund first](https://sproutcalc.com/trump-account/vs-529/): Both help you save for a child. They're taxed very differently, and only one comes with free money attached. ## Employer database - [Employers that contribute to Trump Accounts](https://sproutcalc.com/trump-account/employers/): Companies that have said they'll put money into their employees' children's accounts, each linked to where it was reported. - [American Airlines Trump Account contribution](https://sproutcalc.com/trump-account/employers/american-airlines/): Reported contribution: $1,000 match. Source: Webull News. - [Bank of America Trump Account contribution](https://sproutcalc.com/trump-account/employers/bank-of-america/): Reported contribution: $1,000 match. Source: Business Insider. - [BNY Trump Account contribution](https://sproutcalc.com/trump-account/employers/bny/): Reported contribution: $1,000 match. Source: USA Today via Yahoo Finance. - [Charles Schwab Trump Account contribution](https://sproutcalc.com/trump-account/employers/charles-schwab/): Reported contribution: $1,000. Source: Business Insider. - [Chime Trump Account contribution](https://sproutcalc.com/trump-account/employers/chime/): Reported contribution: $1,000 match. Source: Business Insider. - [Chipotle Trump Account contribution](https://sproutcalc.com/trump-account/employers/chipotle/): Reported contribution: Amount not published. Source: Fortune. - [Citi Trump Account contribution](https://sproutcalc.com/trump-account/employers/citi/): Reported contribution: $1,000. Source: Business Insider. - [Coinbase Trump Account contribution](https://sproutcalc.com/trump-account/employers/coinbase/): Reported contribution: $1,000 match. Source: CPA Practice Advisor. - [Comcast Trump Account contribution](https://sproutcalc.com/trump-account/employers/comcast/): Reported contribution: Amount not published. Source: Business Insider. - [Goldman Sachs Trump Account contribution](https://sproutcalc.com/trump-account/employers/goldman-sachs/): Reported contribution: $1,000 match. Source: Webull News. - [Intel Trump Account contribution](https://sproutcalc.com/trump-account/employers/intel/): Reported contribution: $1,000. Source: CPA Practice Advisor. - [JPMorgan Chase Trump Account contribution](https://sproutcalc.com/trump-account/employers/jpmorgan-chase/): Reported contribution: $1,000 match. Source: Business Insider. - [Morgan Stanley Trump Account contribution](https://sproutcalc.com/trump-account/employers/morgan-stanley/): Reported contribution: $1,000 match. Source: Webull News. - [Uber Trump Account contribution](https://sproutcalc.com/trump-account/employers/uber/): Reported contribution: Amount not published. Source: Business Insider. ## Key figures (tax years 2025 to 2028) - No tax on tips: deduct up to $25,000 of qualified tips. Phases out above $150,000 of modified AGI ($300,000 married filing jointly). - No tax on overtime: deduct up to $12,500 of qualified overtime premium ($25,000 married filing jointly). Phases out above $150,000 ($300,000 jointly). - Car loan interest: deduct up to $10,000 of interest on a new, US-assembled personal vehicle. Phases out above $100,000 ($200,000 jointly). - Senior deduction: $6,000 per person aged 65 or older. Phases out above $75,000 ($150,000 jointly). - All four are claimed on Schedule 1-A (Form 1040). Married couples must file jointly to claim them. ## About and policies - [About Sproutcalc](https://sproutcalc.com/about/): Free calculators and plain-English guides for the money parts of the 2025 tax law: Trump Accounts and the new Schedule 1-A deductions. - [How we calculate](https://sproutcalc.com/methodology/): The formula behind every Sproutcalc tool, the IRS source for each number, and our results against the IRS's own worked examples. - [Editorial policy](https://sproutcalc.com/editorial-policy/): How we choose sources, check facts, verify employers and fix mistakes. - [Sources and updates log](https://sproutcalc.com/sources/): Every primary source the site relies on, and every change we make to tax figures, with dates. - [Privacy policy](https://sproutcalc.com/privacy/): What we collect, why, and the choices you have. - [Terms of use and disclaimer](https://sproutcalc.com/terms/): The short version: our tools give estimates for information only, and you should check your own situation before you file. - [Contact Sproutcalc](https://sproutcalc.com/contact/): Spotted an error, an employer we're missing, or a question about how a tool works? Send it here. We read every message. ## Full text - [Every page as plain text in one file](https://sproutcalc.com/llms-full.txt)