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One Big Beautiful Bill, child tax credit

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· 7h · on MSN

Trump's ‘big beautiful bill' includes these key tax changes for 2025 — what they mean for you

President Donald Trump’s "big beautiful bill" includes several tax changes that are effective for 2025.

· 2d · on MSN

'One Big Beautiful Bill' offers Americans lots of tax benefits. Here are a few to plan for

FingerLakes1.com · 9h

IRS standard deduction expands with new benefits in One Big Beautiful Bill

· 4h

I Asked ChatGPT To Explain Trump’s ‘Big Beautiful Bill’ To Me Like I’m 12 — Here’s What It Said

According to ChatGPT, it’s a branding phrase Trump used to signal his agenda.

· 1d

Tax Breaks: The Tax Community Talks About The One Big Beautiful Bill Act Edition

· 1d

Readers speak: Horrified by the ‘Big Beautiful Bill’ and those who voted for it

· 1d

Here's your potential tax cut in 2026 from the One Big Beautiful Bill Act

About $6 of every $10 in tax breaks will go to the top 20% of households, or people who earn incomes of about $217,000 or more, the Tax Policy Center analysis found.

· 1d

3 Things Retirees Should Know About the "Big, Beautiful Bill" That's Now Law

· 4h

3 Ways Trump’s ‘Big Beautiful Bill’ Could Hit Tesla Investors

10d

When does the 'Big Beautiful Bill' go into effect? See timing for no tax on overtime and more

The lengthy spending and tax bill was signed into law by Trump on July 4. Here's when some measures take effect.

PolitiFact3d

PolitiFact answers reader questions about the Big Beautiful Bill

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction phases out for income levels between $150,000 and $275,000 (for single filers) and $300,000 and $550,000 (for joint filers).