For 2025 to 2028, the OBBBA provides for above-the-line deductions for qualified tips (in certain occupations) and for overtime premium pay, subject to income and occupation limitations, and also up to $10,000 of interest on loans for U.S.-assembled passenger vehicles to be deducted, subject to income phaseouts. Additionally, a new enhanced $6,000 deduction is available for senior taxpayers (over 65), subject to income limitations. See HERE for IRS clarifications on these new provisions.