The new money rules, worked out for you.
New laws in the US and Canada change what you pay in tax, how you repay student loans and what you get back on a new home. Put in your numbers and see the result in one line.
Rules checked against the law on .
Calculators
- No tax on tipsDeduct up to $25,000 of tips, 2025 to 2028.US
- No tax on overtimeDeduct the half-time part of overtime pay.US
- Car loan interestDeduct up to $10,000 of interest on a new US-built car.US
- Senior deductionAn extra $6,000 for each person aged 65 or older.US
- Trump accountsProject a child’s account from the $1,000 seed.US
- RAP student loansEstimate the new Repayment Assistance Plan payment.US
- Canada first-home GST rebateUp to $50,000 back on a new home.Canada
What changed
The US tax law signed on July 4, 2025 added four temporary deductions for tax years 2025 to 2028, a savings account for children called the Trump account, and a new student loan plan, the Repayment Assistance Plan, from July 1, 2026. In Canada, first-time buyers of new homes can get back up to $50,000 of GST.
Each calculator links to the law it is based on and has a plain-English guide. Readhow we check the rules.