🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 119 (from laksa087)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa119.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions","crawl_time":1776332910,"first_indexed_time":1757982499,"http_code":200,"src_unparsed":"gov,irs!www,\/newsroom\/one-big-beautiful-bill-provisions s443","src_root_hash":"796284942891862319","history_drop_reason":null,"meta_title":"One, Big, Beautiful Bill provisions | Internal Revenue Service","meta_descriptions":["The One, Big, Beautiful Bill Act has a significant effect on your taxes, credits and deductions."],"attrs_boilerpipe_text":"The\nOne, Big, Beautiful Bill Act\nsignificantly affects federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21.\nOn this page\nIndividuals and workers\nFamilies and dependents\nHealthcare\nBusinesses\nClean energy\nInvestment and community development\nTax-exempt entities and charitable giving\nOther taxes\nResources and guidance\nIndividuals and workers\nView\ntax provisions affecting individuals and workers in the One, Big, Beautiful Bill\n.\nFamilies and dependents\nHealthcare\nBusinesses\nClean energy\nInvestment and community development\nTax-exempt entities and charitable giving\nOther taxes\nResources and guidance","attrs_markdown":"[Skip to main content](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#main-content)\n\n![](https:\/\/www.irs.gov\/themes\/custom\/pup_base\/images\/us_flag_small.png)\n\nAn official website of the United States government\n\nHere's how you know\n\nHere's how you know\n\n![](https:\/\/www.irs.gov\/themes\/custom\/pup_base\/images\/icon-dot-gov.svg)\n\n**Official websites use .gov**\n\nA **.gov** website belongs to an official government organization in the United States.\n\n![](https:\/\/www.irs.gov\/themes\/custom\/pup_base\/images\/icon-https.svg)\n\n**Secure .gov websites use HTTPS**\n\nA **lock** (![Locked padlock icon](https:\/\/www.irs.gov\/themes\/custom\/pup_base\/images\/lock.svg)) or **https:\/\/** means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.\n\n[![Home](https:\/\/www.irs.gov\/themes\/custom\/pup_base\/IRS-Logo.svg) ![Home](https:\/\/www.irs.gov\/themes\/custom\/pup_irs\/images\/logo-print.svg)](https:\/\/www.irs.gov\/ \"Home\")\n\n## Information Menu\n- [Help](https:\/\/www.irs.gov\/help\/let-us-help-you \"Help\")\n- [News](https:\/\/www.irs.gov\/newsroom \"News\")\n- English\n  \n  - [Español](https:\/\/www.irs.gov\/es\/newsroom\/one-big-beautiful-bill-provisions)\n  - [中文 (简体)](https:\/\/www.irs.gov\/zh-hans\/newsroom\/one-big-beautiful-bill-provisions)\n  - [中文 (繁體)](https:\/\/www.irs.gov\/zh-hant\/newsroom\/one-big-beautiful-bill-provisions)\n  - [한국어](https:\/\/www.irs.gov\/ko\/newsroom\/one-big-beautiful-bill-provisions)\n  - [Русский](https:\/\/www.irs.gov\/ru\/newsroom\/one-big-beautiful-bill-provisions)\n  - [Tiếng Việt](https:\/\/www.irs.gov\/vi\/newsroom\/one-big-beautiful-bill-provisions)\n  - [Kreyòl ayisyen](https:\/\/www.irs.gov\/ht\/newsroom\/one-big-beautiful-bill-provisions)\n- [Tax Pros](https:\/\/www.irs.gov\/tax-professionals)\n- Sign in\n  - [Individual](https:\/\/sa.www4.irs.gov\/ola)\n  - [Business](https:\/\/sa.www4.irs.gov\/bola)\n  - [Tax Pro](https:\/\/sa.www4.irs.gov\/taxpro)\n  - ## Access your tax information with an IRS account.\n    - Refunds\n    - Payments\n    - Tax records\n  - [Create account](https:\/\/www.irs.gov\/your-account)\n\n- Search\n- - Sign in\n    - [Individual](https:\/\/sa.www4.irs.gov\/ola)\n    - [Business](https:\/\/sa.www4.irs.gov\/bola)\n    - [Tax Pro](https:\/\/sa.www4.irs.gov\/taxpro)\n    - ## Access your tax information with an IRS account.\n      - Refunds\n      - Payments\n      - Tax records\n    - [Create account](https:\/\/www.irs.gov\/your-account)\n- Menu\n\n## Main navigation\n[![Home](https:\/\/www.irs.gov\/themes\/custom\/pup_base\/IRS-Logo.svg)](https:\/\/www.irs.gov\/ \"Home\")\n\n- [File](https:\/\/www.irs.gov\/filing)\n- [Pay](https:\/\/www.irs.gov\/payments)\n- [Refunds](https:\/\/www.irs.gov\/refunds)\n- [Credits & Deductions](https:\/\/www.irs.gov\/credits-and-deductions)\n- [Forms](https:\/\/www.irs.gov\/forms-instructions)\n- [Report Fraud](https:\/\/www.irs.gov\/help\/report-fraud)\n\n## Information Menu\n- [Help](https:\/\/www.irs.gov\/help\/let-us-help-you \"Help\")\n- [News](https:\/\/www.irs.gov\/newsroom \"News\")\n- [Tax Pros](https:\/\/www.irs.gov\/tax-professionals)\n- Sign in\n  - [Individual](https:\/\/sa.www4.irs.gov\/ola)\n  - [Business](https:\/\/sa.www4.irs.gov\/bola)\n  - [Tax Pro](https:\/\/sa.www4.irs.gov\/taxpro)\n  - ## Access your tax information with an IRS account.\n    - Refunds\n    - Payments\n    - Tax records\n  - [Create account](https:\/\/www.irs.gov\/your-account)\n\n## [File](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions)\n- [Overview](https:\/\/www.irs.gov\/filing)\n- INFORMATION FOR…\n- [Individuals](https:\/\/www.irs.gov\/individual-tax-filing)\n- [Business and self-employed](https:\/\/www.irs.gov\/businesses)\n- [Charities and nonprofits](https:\/\/www.irs.gov\/charities-and-nonprofits)\n- [International filers](https:\/\/www.irs.gov\/individuals\/international-taxpayers)\n- [Retirement](https:\/\/www.irs.gov\/retirement-plans)\n- [Governments and tax-exempt bonds](https:\/\/www.irs.gov\/government-entities)\n- [Indian Tribal Governments](https:\/\/www.irs.gov\/government-entities\/indian-tribal-governments)\n- FILING FOR INDIVIDUALS\n- [How to file](https:\/\/www.irs.gov\/filing\/individuals\/how-to-file)\n- [When to file](https:\/\/www.irs.gov\/filing\/individuals\/when-to-file)\n- [Where to file](https:\/\/www.irs.gov\/filing\/where-to-file-tax-returns-addresses-listed-by-return-type)\n- [Update your information](https:\/\/www.irs.gov\/filing\/individuals\/update-my-information)\n- POPULAR\n- [Tax record (transcript)](https:\/\/www.irs.gov\/individuals\/get-transcript)\n- [Apply for an Employer ID Number (EIN)](https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/get-an-employer-identification-number)\n- [Amend return](https:\/\/www.irs.gov\/filing\/file-an-amended-return)\n- [Identity Protection PIN (IP PIN)](https:\/\/www.irs.gov\/identity-theft-fraud-scams\/get-an-identity-protection-pin)\n## [Pay](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions)\n- [Overview](https:\/\/www.irs.gov\/payments)\n- PAY BY\n- [Bank Account (Direct Pay)](https:\/\/www.irs.gov\/payments\/direct-pay-with-bank-account)\n- [Payment Plan (Installment Agreement)](https:\/\/www.irs.gov\/payments\/online-payment-agreement-application)\n- [Electronic Federal Tax Payment System (EFTPS)](https:\/\/www.irs.gov\/payments\/eftps-the-electronic-federal-tax-payment-system)\n- POPULAR\n- [Your Online Account](https:\/\/www.irs.gov\/your-account)\n- [Tax Withholding Estimator](https:\/\/www.irs.gov\/individuals\/tax-withholding-estimator)\n- [Estimated Taxes](https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/estimated-taxes)\n- [Penalties](https:\/\/www.irs.gov\/payments\/penalties)\n## [Refunds](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions)\n- [Overview](https:\/\/www.irs.gov\/refunds)\n- [About refunds](https:\/\/www.irs.gov\/refunds\/about-refunds)\n- [Direct deposit](https:\/\/www.irs.gov\/refunds\/get-your-refund-faster-tell-irs-to-direct-deposit-your-refund-to-one-two-or-three-accounts)\n- [Reduced refunds](https:\/\/www.irs.gov\/refunds\/reduced-refund)\n- [Where’s my amended return?](https:\/\/www.irs.gov\/filing\/wheres-my-amended-return)\n## [Credits & Deductions](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions)\n- [Overview](https:\/\/www.irs.gov\/credits-and-deductions)\n- INFORMATION FOR...\n- [Individuals](https:\/\/www.irs.gov\/credits-and-deductions-for-individuals \"For you and your family\")\n- [Businesses & Self-Employed](https:\/\/www.irs.gov\/credits-deductions\/businesses \"Standard mileage and other information\")\n- POPULAR\n- [Earned Income Credit (EITC)](https:\/\/www.irs.gov\/credits-deductions\/individuals\/earned-income-tax-credit-eitc)\n- [Child Tax Credit](https:\/\/www.irs.gov\/credits-deductions\/individuals\/child-tax-credit)\n- [Clean Energy and Vehicle Credits](https:\/\/www.irs.gov\/credits-deductions\/clean-vehicle-and-energy-credits)\n- [Standard Deduction](https:\/\/www.irs.gov\/help\/ita\/how-much-is-my-standard-deduction)\n- [Retirement Plans](https:\/\/www.irs.gov\/retirement-plans)\n## [Forms](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions)\n- [Overview](https:\/\/www.irs.gov\/forms-instructions)\n- POPULAR FORMS & INSTRUCTIONS\n- [Form 1040](https:\/\/www.irs.gov\/forms-pubs\/about-form-1040 \"Individual Income Tax Return\")\n- [Form 1040 Instructions](https:\/\/www.irs.gov\/instructions\/i1040gi \"Instructions for Form 1040 \")\n- [Form W-9](https:\/\/www.irs.gov\/forms-pubs\/about-form-w-9 \"Request for Taxpayer Identification Number (TIN) and Certification\")\n- [Form 4506-T](https:\/\/www.irs.gov\/forms-pubs\/about-form-4506-t \"Request for Transcript of Tax Return\")\n- [Form W-4](https:\/\/www.irs.gov\/forms-pubs\/about-form-w-4 \"Employee's Withholding Certificate\")\n- [Form 941](https:\/\/www.irs.gov\/forms-pubs\/about-form-941 \"Employer's Quarterly Federal Tax Return\")\n- [Form W-2](https:\/\/www.irs.gov\/forms-pubs\/about-form-w-2 \"Wage and Tax Statement\")\n- [Form 9465](https:\/\/www.irs.gov\/forms-pubs\/about-form-9465 \"Installment Agreement Request\")\n- POPULAR FOR TAX PROS\n- [Form 1040-X](https:\/\/www.irs.gov\/forms-pubs\/about-form-1040x \"Amended Individual Income Tax Return\")\n- [Form 2848](https:\/\/www.irs.gov\/forms-pubs\/about-form-2848 \"Power of Attorney\")\n- [Form W-7](https:\/\/www.irs.gov\/forms-pubs\/about-form-w-7 \"Apply for an ITIN\")\n- [Circular 230](https:\/\/www.irs.gov\/tax-professionals\/office-of-professional-responsibility-and-circular-230 \"Regulations Governing Practice before the IRS\")\n## [Report Fraud](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions)\n- [Overview](https:\/\/www.irs.gov\/help\/report-fraud)\n- [Tax fraud and scams](https:\/\/www.irs.gov\/help\/report-fraud\/report-tax-fraud-a-scam-or-law-violation)\n- [Identity theft](https:\/\/www.irs.gov\/identity-theft-central)\n- [Fake IRS email or message](https:\/\/www.irs.gov\/help\/report-fraud\/report-fake-irs-treasury-or-tax-related-emails-and-messages)\n- [Tax return preparer](https:\/\/www.irs.gov\/help\/report-fraud\/make-a-complaint-about-a-tax-return-preparer)\n\n## Main navigation\n- [File](https:\/\/www.irs.gov\/filing)\n- [Pay](https:\/\/www.irs.gov\/payments)\n- [Refunds](https:\/\/www.irs.gov\/refunds)\n- [Credits & Deductions](https:\/\/www.irs.gov\/credits-and-deductions)\n- [Forms & Instructions](https:\/\/www.irs.gov\/forms-instructions)\n\n## Info Menu Mobile\n- [Charities & Nonprofits](https:\/\/www.irs.gov\/charities-and-nonprofits)\n- [Help](https:\/\/www.irs.gov\/help\/let-us-help-you \"Help\")\n- English\n  \n  - [Español](https:\/\/www.irs.gov\/es\/newsroom\/one-big-beautiful-bill-provisions)\n  - [中文 (简体)](https:\/\/www.irs.gov\/zh-hans\/newsroom\/one-big-beautiful-bill-provisions)\n  - [中文 (繁體)](https:\/\/www.irs.gov\/zh-hant\/newsroom\/one-big-beautiful-bill-provisions)\n  - [한국어](https:\/\/www.irs.gov\/ko\/newsroom\/one-big-beautiful-bill-provisions)\n  - [Русский](https:\/\/www.irs.gov\/ru\/newsroom\/one-big-beautiful-bill-provisions)\n  - [Tiếng Việt](https:\/\/www.irs.gov\/vi\/newsroom\/one-big-beautiful-bill-provisions)\n  - [Kreyòl ayisyen](https:\/\/www.irs.gov\/ht\/newsroom\/one-big-beautiful-bill-provisions)\n- [News](https:\/\/www.irs.gov\/newsroom \"News\")\n- [Tax Pros](https:\/\/www.irs.gov\/tax-professionals \"Tax Pros\")\n\n1. [Home](https:\/\/www.irs.gov\/)\n2. [News](https:\/\/www.irs.gov\/newsroom)\n3. One, Big, Beautiful Bill provisions\n# One, Big, Beautiful Bill provisions\n\n### More In News\n- [Topics in the news](https:\/\/www.irs.gov\/newsroom\/topics-in-the-news \"Topics in the news\")\n- [News releases](https:\/\/www.irs.gov\/newsroom\/news-releases-for-current-month \"News releases\")\n- [Multimedia center](https:\/\/www.irs.gov\/newsroom\/multimedia-center \"Multimedia center\")\n- [Tax relief in disaster situations](https:\/\/www.irs.gov\/newsroom\/tax-relief-in-disaster-situations \"Tax relief in disaster situations\")\n- [One Big Beautiful Bill Act](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions \"One Big Beautiful Bill Act\")\n- [Inflation Reduction Act](https:\/\/www.irs.gov\/inflation-reduction-act-of-2022 \"Inflation Reduction Act\")\n- [Tax Cuts and Jobs Act](https:\/\/www.irs.gov\/tax-cuts-and-jobs-act \"Tax Cuts and Jobs Act\")\n- [Taxpayer First Act](https:\/\/www.irs.gov\/taxpayer-first-act \"Taxpayer First Act\")\n- [Tax scams and consumer alerts](https:\/\/www.irs.gov\/help\/tax-scams\/recognize-tax-scams-and-fraud \"Tax scams and consumer alerts\")\n- [The tax gap](https:\/\/www.irs.gov\/newsroom\/the-tax-gap \"The tax gap\")\n- [Fact sheets](https:\/\/www.irs.gov\/newsroom\/fact-sheets \"Fact sheets\")\n- [IRS Tax Tips](https:\/\/www.irs.gov\/newsroom\/irs-tax-tips \"IRS Tax Tips\")\n- [e-News subscriptions](https:\/\/www.irs.gov\/newsroom\/e-news-subscriptions \"e-News subscriptions\")\n- [IRS guidance](https:\/\/www.irs.gov\/newsroom\/irs-guidance \"IRS guidance\")\n- [Media contacts](https:\/\/www.irs.gov\/newsroom\/irs-media-relations-office-contact \"Media contacts\")\n- [IRS statements and announcements](https:\/\/www.irs.gov\/newsroom\/irs-statements-and-announcements \"IRS statements and announcements\")\n\nThe [One, Big, Beautiful Bill Act](https:\/\/www.congress.gov\/bill\/119th-congress\/house-bill\/1\/text) significantly affects federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21.\n\n## On this page\n- [Individuals and workers](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#individuals)\n- [Families and dependents](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#families)\n- [Healthcare](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#healthcare)\n- [Businesses](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#businesses)\n- [Clean energy](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#cleanenergy)\n- [Investment and community development](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#investment)\n- [Tax-exempt entities and charitable giving](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#taxexempt)\n- [Other taxes](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#other)\n- [Resources and guidance](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#resources)\n## Individuals and workers\nView [tax provisions affecting individuals and workers in the One, Big, Beautiful Bill](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions-individuals-and-workers).\n\n## Families and dependents\nExpand all\n\nCollapse all\n\n### Trump Accounts under the Working Families Tax Cuts (Section 70204)\n**Overview of Trump Accounts**\n\n- Parents, guardians, or others can establish a Trump Account for an eligible child\n- Trump Accounts cannot be funded before July 4, 2026\n- The federal government will make a one-time \\$1,000 contribution for each eligible child’s account\n- Authorized contributions from individuals and employers are allowed up to \\$5,000 per year\n- Employers can contribute up to \\$2,500 per year toward an employee’s or dependent’s Trump Account without it counting as taxable income for the employee\n- Funds must be invested in certain mutual funds or exchange-traded funds that track a U.S. stock index such as the S\\&P 500\n\n**Withdrawal and use**\n\n- Generally, money cannot be withdrawn before the year the child turns 18\n- After that point, the account is treated like a traditional IRA with similar tax rules\n\n**Related resources**\n\n- [4 million children have been signed up for Trump Accounts with 1 million claiming the \\$1,000 pilot program contribution (IR-2026-42)](https:\/\/www.irs.gov\/newsroom\/4-million-children-have-been-signed-up-for-trump-accounts-with-1-million-claiming-the-1000-pilot-program-contribution \"4 million children have been signed up for Trump Accounts with 1 million claiming the $1,000 pilot program contribution\")\n- [Proposed regulations on how to open initial Trump Accounts (IR-2026-33)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-proposed-regulations-on-how-to-open-initial-trump-accounts-under-the-one-big-beautiful-bill \"Treasury, IRS issue proposed regulations on how to open initial Trump Accounts under the One, Big, Beautiful Bill\")\n- [Proposed regulations for Trump Accounts contribution pilot program, Treasury Department to deposit \\$1,000 into the account of each eligible child (IR-2026-31)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-proposed-regulations-for-trump-accounts-contribution-pilot-program-treasury-department-to-deposit-1000-into-the-account-of-each-eligible-child \"Treasury, IRS issue proposed regulations for Trump Accounts contribution pilot program, Treasury Department to deposit $1,000 into the account of each eligible child\")\n- [Trump Accounts established under the Working Families Tax Cuts (IR-2025-117)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-guidance-on-trump-accounts-established-under-the-working-families-tax-cuts-notice-announces-upcoming-regulations \"Treasury, IRS issue guidance on Trump Accounts established under the Working Families Tax Cuts; notice announces upcoming regulations\")\n- [IRS.gov\/trumpaccounts](https:\/\/www.irs.gov\/trumpaccounts \"Trump Accounts\")\n- [trumpaccounts.gov](https:\/\/www.trumpaccounts.gov\/)\n### Adoption Credit enhancement (Section 70402)\n**Overview of the change**\n\n- Beginning tax years after Dec. 31, 2024, up to \\$5,000 (indexed for inflation) of the adoption credit may be refundable\n- Any credit amount carried forward from prior years cannot be used to calculate the refundable portion\n\n**Related resource**\n\n- [Notable changes to the Adoption Credit (Ready-to-use article, April 1, 2026)](https:\/\/www.irs.gov\/newsroom\/notable-changes-to-the-adoption-credit \"Notable changes to the Adoption Credit\")\n- [Tax credits for individuals (Tax Tip 2026-10)](https:\/\/www.irs.gov\/newsroom\/tax-credits-for-individuals \"Tax credits for individuals\")\n## Healthcare\nExpand all\n\nCollapse all\n\n### Health Savings Account expansion for participants (Section 71307)\n**Overview of changes and benefits**\n\n**Telehealth and remote care services**\n\n- Telehealth and other remote care services can now be received before meeting a high-deductible health plan deductible\n- People can still contribute to their Health Savings Account (HSA) even after using telehealth before meeting the deductible\n- This rule is permanent for plan years starting on or after Jan. 1, 2025.\n\n**Expanded eligibility for bronze and catastrophic plans**\n\n- Starting Jan. 1, 2026, bronze and catastrophic health insurance plans are treated as HSA-compatible\n- This applies whether the plans are bought through an insurance exchange or not\n- This change makes more people eligible to contribute to an HSA, including individuals who previously could not because their plan did not meet the strict HDHP definition\n\n**Direct primary care arrangements**\n\n- Beginning Jan. 1, 2026, people enrolled in certain direct primary care (DPC) service arrangements may:\n  - Contribute to an HSA if they otherwise qualify\n  - Use HSA funds tax-free to pay periodic DPC fees\n\n**Call for comments**\n\n- Treasury and the IRS invite public comments on the guidance by **March 6, 2026**, via the federal rulemaking portal or by mail\n\n**Related resources**\n\n- [New tax benefits for health savings account participants (IR-2025-119)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-provide-guidance-on-new-tax-benefits-for-health-savings-account-participants-under-the-one-big-beautiful-bill \"Treasury, IRS provide guidance on new tax benefits for health savings account participants under the One, Big, Beautiful Bill \")\n### Premium Tax Credit (Sections 71301, 71302, 71303, 71304 and 71305)\n**Overview of changes**\n\n- Removal of limitations on repayment of excess advance payment of the premium tax credit for tax years beginning after Dec. 31, 2025\n- Elimination of certain Premium Tax Credit rules that no longer apply after tax years 2020 and 2021\n\n**Related resources**\n\n- [Tax credits for individuals (Tax Tip 2026-10)](https:\/\/www.irs.gov\/newsroom\/tax-credits-for-individuals \"Tax credits for individuals\")\n- [IRS updates frequently asked questions on the Premium Tax Credit (IR-2025-127)](https:\/\/www.irs.gov\/newsroom\/irs-updates-frequently-asked-questions-on-the-premium-tax-credit \"IRS updates frequently asked questions on the Premium Tax Credit\")\n- [Questions and Answers about the Premium Tax Credit (FS-2025-10) PDF](https:\/\/www.irs.gov\/pub\/taxpros\/fs-2025-10.pdf \"Updates to Questions and Answers about the Premium Tax Credit\")\n## Businesses\nExpand all\n\nCollapse all\n\n### Passenger vehicle loan interest transition relief for 2025 (Section 70203)\n**Transition relief overview**\n\nIRS provides transitional relief for tax year 2025 for lenders and other recipients of qualified interest who must file information returns with the IRS and provide statements to borrowers showing the total amount of interest received on qualified passenger vehicle loans and other relevant information.\n\n**How the relief applies for 2025**\n\n- Applies to reporting requirements under the One, Big, Beautiful Bill for qualified passenger vehicle loans\n- Lenders and other payors should refer to Notice 2025-57 and other related guidance to determine how the 2025 reporting rules apply\n\n**Related resources**\n\n- [Notice 2025-57, Transitional Guidance Regarding Returns Relating to Certain Interest on Specified Passenger Vehicle Loans Received in a Trade or Business PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-25-57.pdf)\n- [Transition relief for vehicle loan interest reporting (IR-2025-105)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-provide-transition-relief-for-2025-for-businesses-reporting-car-loan-interest-under-the-one-big-beautiful-bill \"Treasury, IRS provide transition relief for 2025 for businesses reporting car loan interest under the One, Big, Beautiful Bill\")\n### Qualified Production Property (Section70307)\n**Overview of changes**\n\nQualified Production Property deduction allows businesses to write off the cost of certain property more quickly.\n\n**Deduction percentage**\n\nFor most qualifying business property bought and put into use after Jan. 19, 2025, businesses can now deduct 100 percent of the cost in the first year. This means they do not have to spread the deduction over several years.\n\n**Who this helps**\n\nThis change mainly helps businesses that buy things like:\n\n- Equipment and machinery\n- Certain plants\n- Other qualifying business property\n\n**Current guidance**\n\nUntil official regulations are issued, taxpayers may follow existing depreciation rules with updated dates and percentages based on this new law.\n\n**Related resources**\n\n- [Guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bill (IR-2026-06)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-guidance-on-the-additional-first-year-depreciation-deduction-amended-as-part-of-the-one-big-beautiful-bill \"Treasury, IRS issue guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bill\")\n- [Interim Guidance on Additional First Year Depreciation Deduction under § 168(k) (Notice 2026-11) PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-11.pdf \"Notice-26-11\")\n### Third Party Network Transactions (Section 70432)\n**Overview of changes to Third Party Network Transactions**\n\nProposed regulations were published to explain when backup withholding applies to certain payments made through third-party payment platforms.\n\n**Definition**\n\nBackup withholding is a tax that may be withheld from a payment when certain reporting rules apply.\n\n**Who this affects**\n\n- Third-party settlement organizations, such as payment apps and online platforms that process payments for sellers and service providers\n- Sellers and payees who receive payments through these platforms\n\n**Key change to the threshold**\n\nUnder the updated law, backup withholding generally applies only when both of the following are true in a calendar year:\n\n- The total payments to a person are more than \\$20,000, and\n- The total number of transactions is more than 200\n\nThis replaces the lower \\$600 threshold that had been scheduled under prior law.\n\n**What this means for sellers**\n\nIf you receive payments through a third-party platform and do not exceed both limits, your payments generally will not trigger backup withholding under these proposed rules.\n\nThis change may reduce withholding for individuals and small businesses with lower payment volumes.\n\n**What this means for payment platforms**\n\nThird-party platforms must:\n\n- Track both the number of transactions and the total dollar amount paid to each payee\n- Apply backup withholding only after both thresholds are exceeded\n\n**Call for comments**\n\nThe IRS is accepting public comments through [regulations.gov](https:\/\/www.regulations.gov\/ \"Regulations.gov - Your Voice in Federal Decision Making\") before issuing final regulations.\n\n**Related resources**\n\n- [Filing tips and updates for gig economy workers (Tax Tip 2026-26)](https:\/\/www.irs.gov\/newsroom\/filing-tips-and-updates-for-gig-economy-workers \"Filing tips and updates for gig economy workers\")\n- [The One, Big, Beautiful Bill: What gig economy workers should know (FS-2026-07)](https:\/\/www.irs.gov\/newsroom\/the-one-big-beautiful-bill-what-gig-economy-workers-should-know \"The One, Big, Beautiful Bill: What gig economy workers should know\")\n- [Treasury, IRS issue proposed regulations reflecting changes from the One, Big, Beautiful Bill to the threshold for backup withholding on certain payments made through third parties (IR-2026-03)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-proposed-regulations-reflecting-changes-from-the-one-big-beautiful-bill-to-the-threshold-for-backup-withholding-on-certain-payments-made-through-third-parties)\n- [Form 1099-K FAQ updates (FS-2025-08) PDF](https:\/\/www.irs.gov\/pub\/taxpros\/fs-2025-08.pdf \"IRS revises and updates Form 1099-K frequently asked questions\")\n### Employee Retention Credit (ERC) limitation (Section 70605)\n**Overview of the limitation**\n\n- The One Big, Beautiful Bill Act limits credits and refunds for employee retention credits (ERC) claimed for the third and fourth quarters of 2021 that were filed after Jan. 31, 2024\n- IRS FAQs provide general information, including when a claim was timely filed and what appeal rights apply if an ERC claim is disallowed\n\n**Related resources**\n\n- [FAQs on Employee Retention Credit compliance (IR-2025-106)](https:\/\/www.irs.gov\/newsroom\/irs-frequently-asked-questions-faqs-address-employee-retention-credits-under-erc-compliance-provisions-of-the-one-big-beautiful-bill \"IRS frequently asked questions (FAQs) address Employee Retention Credits under ERC compliance provisions of the One, Big, Beautiful Bill\")\n## Clean energy\nExpand all\n\nCollapse all\n\n### Clean vehicle credit expirations (Sections 70501, 70502 and 70503)\n**Overview of credit expirations**\n\nThe Act accelerates the end of several clean vehicle credits:\n\n- New Clean Vehicle Credit (30D): Not allowed for any vehicle acquired after Sept. 30, 2025\n- Used Clean Vehicle Credit (25E): Not allowed for any vehicle acquired after Sept. 30, 2025\n- Qualified Commercial Clean Vehicle Credit (45W): The credit will not be allowed for any vehicle acquired after Sept. 30, 2025\n\n**Related resources**\n\n- [Clean energy credit modifications FAQs (FS-2025-05)](https:\/\/www.irs.gov\/newsroom\/faqs-for-modification-of-sections-25c-25d-25e-30c-30d-45l-45w-and-179d-under-public-law-119-21-139-stat-72-july-4-2025-commonly-known-as-the-one-big-beautiful-bill-obbb \"FAQs for modification of sections 25C, 25D, 25E, 30C, 30D, 45L, 45W, AND 179D under Public Law 119-21, 139 Stat. 72 (July 4, 2025), commonly known as the One, Big, Beautiful Bill (OBBB)\") – Covers modifications to clean energy credits under the One, Big, Beautiful Bill, including sections 25C, 25D, 25E, 30C, 30D, 45L, 45W, and 179D, under Public Law 119-21, 139 Stat. 72\n- [New Clean Vehicle Credit (30D)](https:\/\/www.irs.gov\/clean-vehicle-tax-credits \"Clean vehicle tax credits\")\n- [Used Clean Vehicle Credit (25E)](https:\/\/www.irs.gov\/credits-deductions\/used-clean-vehicle-credit \"Used Clean Vehicle Credit\")\n- [Qualified Commercial Clean Vehicle Credit (45W)](https:\/\/www.irs.gov\/credits-deductions\/commercial-clean-vehicle-credit \"Commercial Clean Vehicle Credit\")\n### Home energy credit expirations (Sections 70505, 70506 and 70507)\n**Overview of credit expirations**\n\nThe Act accelerates the end of the following home and residential energy credits:\n\n- Energy Efficient Home Improvement Credit (25C): Not allowed for any property placed in service after Dec. 31, 2025\n- Residential Clean Energy Credit (25D): Not allowed for any expenditures made after Dec. 31, 2025\n\n**Related resources**\n\n- [Clean energy credit modifications FAQs (FS-2025-05)](https:\/\/www.irs.gov\/newsroom\/faqs-for-modification-of-sections-25c-25d-25e-30c-30d-45l-45w-and-179d-under-public-law-119-21-139-stat-72-july-4-2025-commonly-known-as-the-one-big-beautiful-bill-obbb \"FAQs for modification of sections 25C, 25D, 25E, 30C, 30D, 45L, 45W, AND 179D under Public Law 119-21, 139 Stat. 72 (July 4, 2025), commonly known as the One, Big, Beautiful Bill (OBBB)\")\n- [Energy Efficient Home Improvement Credit (25C)](https:\/\/www.irs.gov\/credits-deductions\/energy-efficient-home-improvement-credit \"Energy Efficient Home Improvement Credit\")\n- [Residential Clean Energy Credit (25D)](https:\/\/www.irs.gov\/credits-deductions\/residential-clean-energy-credit \"Residential Clean Energy Credit\")\n### Clean Electricity Production Credit restrictions (Section 70512)\n**Overview**\n\nUnder the One, Big, Beautiful Bill, electricity-producing qualified facilities, energy storage technologies, or eligible components receiving material assistance from a prohibited foreign entity (PFE) would be ineligible for certain energy tax credits.\n\n**Related resources**\n\n- [Guidance for certain energy tax credits regarding material assistance provided by prohibited foreign entities (IR-2025-23)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-provide-guidance-for-certain-energy-tax-credits-regarding-material-assistance-provided-by-prohibited-foreign-entities-under-the-one-big-beautiful-bill \"Treasury, IRS provide guidance for certain energy tax credits regarding material assistance provided by prohibited foreign entities under the One, Big, Beautiful Bill\")\n- [Notice 2026-15 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-15.pdf \"Notice 2026-15\"), Guidance to Apply Interim Safe Harbors for Purposes of Determining a Taxpayer’s Material Assistance from a Prohibited Foreign Entity; Other Prohibited Foreign Entity Guidance\n### Carbon Oxide Sequestration Credit (Section 70522)\n**Overview of the new guidance**\n\n- Explains how taxpayers can qualify for the credit\n- Applies to qualified carbon oxide captured and stored securely underground\n- Covers activities that occur during calendar year 2025\n- Provides safe harbor method for reporting and certification\n\n**Related resources**\n\n- [Treasury, IRS provide safe harbor for taxpayers claiming the carbon capture credit (IR-2025-122)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-provide-safe-harbor-for-taxpayers-claiming-the-carbon-capture-credit \"Treasury, IRS provide safe harbor for taxpayers claiming the carbon capture credit\")\n- [Notice 2026-01 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-01.pdf), Safe Harbor for the Credit for Carbon Oxide Sequestration under Section 45Q for Qualified Carbon Oxide Disposed of in Secure Geological Storage in Calendar Year 2025\n### Extension and modification of clean fuel production credit (Section 70521)\nThe One Big Beautiful Bill brings significant changes to the Section 45Z Clean Fuel Production Credit.\n\n**Key Takeaways:**\n\n- The Section 45Z clean fuel production credit is extended and available for fuel sold before January 1, 2030.\n- For any transportation fuel produced after December 31, 2025, the applicable amount is either \\$0.20 or \\$1.00.\n- Transportation fuel produced after December 31, 2025, must be exclusively derived from a feedstock that was produced or grown in the United States, Mexico, or Canada.\n- Emissions Rates:\n  - Negative emissions rates are prohibited for fuels produced after December 31, 2025, unless they are derived from animal manure feedstocks. Distinct emissions rates will be provided with respect to such fuel based on the specific animal manure feedstock.\n  - Emissions rates for fuels produced after December 31, 2025, exclude emissions rates attributable to indirect land use change.\n- For fuels produced after December 31, 2025, the Section 45Z credit cannot be claimed for fuels produced from a different transportation fuel.\n- The Section 45Z credit cannot be taken by:\n  - (i) a specified foreign entity, for taxable years beginning after July 4, 2025; or\n  - (ii) a foreign-influenced entity (other than a foreign-influenced entity described in section 7701(a)(51)(D)(i)(II)), for taxable years beginning after July 4, 2027.\n- Transfer of the section 45Z credit is still allowed, but not to specified foreign entities.\n- Sustainable Aviation Fuel (SAF):\n  - The Section 6426(k) credit for SAF mixtures will no longer apply to any sale or use for any period after September 30, 2025.\n  - The Section 45Z credit for SAF is reduced to the same applicable amounts for other transportation fuels (\\$.20 or \\$1.00\/gallon) for fuel sold after December 31, 2025.\n- Small Agri-biodiesel Producer Credit:\n  - For fuel sold or used after June 30, 2025, a small agri-biodiesel producer can elect to transfer all or a portion of the credit to an unrelated third-party buyer under IRC 6418. Producers who wish to transfer eligible credits must first complete a mandatory pre-filing registration.\n  - For fuel sold or used after June 30, 2025, the qualified agri-biodiesel fuel must be exclusively derived from feedstock that was produced or grown in the United States, Canada or Mexico.\n  - For fuel sold or used from January 1, 2025, through June 30, 2025, the credit is \\$.10 per gallon. For fuel sold or used after June 30, 2025, but before January 1, 2027, the rate increased to \\$.20 per gallon.\n  - The small agri-biodiesel producer credit for any gallon of fuel is in addition to any Section 45Z credit determined with respect to such gallon of fuel.\n\n**Related resource**\n\n- [Proposed regulations on the Clean Fuel Production Credit (IR-2026-20)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-proposed-regulations-on-the-clean-fuel-production-credit-under-the-one-big-beautiful-bill \"Treasury, IRS issue proposed regulations on the clean fuel production credit under the One, Big, Beautiful Bill \")\n## Investment and community development\nExpand all\n\nCollapse all\n\n### Rural Opportunity Zones (Section 70421)\n**Overview of Opportunity Zones**\n\n- In 2018, certain economically distressed census tracts in the United States and its territories were designated as Qualified Opportunity Zones (QOZs) by the Treasury Department\n- Taxpayers investing in QOZs receive certain tax benefits as an incentive to support economic growth and job creation in these underserved communities\n\n**Rural area definition under the One, Big, Beautiful Bill Act**\n\n- A rural area is any area other than a city or town with a population greater than 50,000, and any urbanized area contiguous and adjacent to such a city or town\n- This definition applies to states, the District of Columbia and U.S. territories\n\n**Changes to substantial improvement requirements**\n\n- Beginning July 4, 2025, The Act reduced the substantial improvement threshold from 100 percent to 50 percent for required additions to the basis for property located entirely in rural QOZs\n\n**Related resources**\n\n- [Guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill (IR-2026-45)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-provide-guidance-to-states-for-nominating-census-tracts-as-qualified-opportunity-zones-under-the-one-big-beautiful-bill \"Treasury, IRS provide guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill\")\n- [IRS Opportunity Zones guidance makes investments in rural areas more attractive for real estate investors (Ready-to-use article, Jan. 21, 2026)](https:\/\/www.irs.gov\/newsroom\/irs-opportunity-zones-guidance-makes-investments-in-rural-areas-more-attractive-for-real-estate-investors \"IRS Opportunity Zones guidance makes investments in rural areas more attractive for real estate investors\")\n- [Enhanced tax incentives for Qualified Opportunity Zone investments in rural areas (IRS Tax Tip 2026-04)](https:\/\/www.irs.gov\/newsroom\/enhanced-tax-incentives-for-qualified-opportunity-zone-investments-in-rural-areas \"Enhanced tax incentives for Qualified Opportunity Zone investments in rural areas\")\n- [Rural Opportunity Zone investment guidance (IR-2025-96)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-provide-guidance-for-opportunity-zone-investments-in-rural-areas-under-the-one-big-beautiful-bill \"Treasury, IRS provide guidance for Opportunity Zone investments in rural areas under the One, Big, Beautiful Bill\")\n- [Qualified Opportunity Zones](https:\/\/www.irs.gov\/credits-deductions\/businesses\/opportunity-zones \"Opportunity zones\")\n### Tax benefit for agricultural and rural lending (Section 70435)\n**Overview of the tax benefit**\n\n- A new provision, Internal Revenue Code Section 139L, allows eligible lenders to exclude 25% of interest income from federal taxable income\n- The benefit applies only to interest earned on qualifying loans\n- Lenders must still include the remaining 75% of interest income in taxable income\n\n**Who qualifies**\n\nThe benefit is available to qualified lenders, which generally include:\n\n- U.S. banks and savings associations\n- Certain regulated insurance companies\n- Farm Credit System institutions\n- Other lenders that meet IRS eligibility requirements\n\n**What counts as a qualified loan**\n\nTo qualify for the tax benefit, a loan must:\n\n- Be secured by farm or rural real property\n- Involve property primarily used for agricultural or rural purposes\n- Be made on or after July 4, 2025\n- Be secured by the property itself (not based only on how loan funds are used)\n\nThe guidance also explains how refinanced loans and property value limits are handled.\n\n**Call for comments**\n\nThe IRS is requesting public comments on this guidance through [www.regulations.gov](https:\/\/www.regulations.gov\/ \"Regulations.gov - Your Voice in Federal Decision Making\") or by mail. Final regulations will be issued after the comment period.\n\n**Related resources**\n\n- [Tax benefit for lenders on loans secured by farm or rural property (IR-2025-113)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-guidance-on-tax-benefit-for-lenders-on-loans-secured-by-farm-or-rural-property-under-the-one-big-beautiful-bill \"Treasury, IRS issue guidance on tax benefit for lenders on loans secured by farm or rural property under the One, Big, Beautiful Bill \")\n### Treatment of capital gains from the sale of certain farmland property (Section 70437)\n**Overview of the tax benefit**\n\n- For tax years beginning after July 4, 2025, taxpayers can elect to pay the net income tax attributable to the gain from the sale or exchange of qualified farmland property to a qualified farmer (qualified sale or exchange) in four equal annual installments.\n- The first installment payment is due on the due date (without extension) of the return for the year of the qualified sale or exchange.\n- Available to both individuals and business entities. If a partnership or S corporation has a qualified sale or exchange, then the election is made at the partner or shareholder level.\n\n**Definition of qualified farmland property**\n\n- Qualified farmland property is defined as real property located in the United States that has been used by the taxpayer either as a farm for farming purposes or leased by the taxpayer to a qualified farmer for farming purposes.\n- The property must have been used or leased by the taxpayer during substantially all of the 10-year period ending on the date of the qualified sale or exchange.\n- The property must be subject to a covenant or other legally enforceable restriction which prohibits the use of such property other than as a farm for farming purposes for 10 years after the date of the qualified sale or exchange.\n\n**Definition of qualified farmer**\n\n- As noted, the purchaser must be a qualified farmer, which is any individual who is actively engaged in farming (within the meaning of 7 U.S.C. §§ 1308-1(b) and (c)).\n\n**Related resources**\n\n- IRC section 1062, Gain from the Sale or Exchange of Qualified Farmland Property to Qualified Farmers\n- [Notice 2026-03 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-03.pdf), Relief from Additions to Tax under Sections 6654 and 6655 for Underpayment of Estimated Income Tax by Taxpayers Making an Election under Section 1062\n- [Agriculture Tax Center](https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/agriculture-tax-center)\n## Tax-exempt entities and charitable giving\nExpand all\n\nCollapse all\n\n### Indian tribal governments and the Adoption Credit (Section 70403)\n**Overview of the change**\n\n- The Act recognizes Indian tribal governments for purposes of determining whether a child has special needs for the adoption tax credit\n- Provides parity with state governments, by giving tribal governments the same ability to determine whether a child has special needs for purposes of the adoption tax credit\n\n**Related resources**\n\n- [FAQs issued about general refundability and recognizing Indian tribal governments for purposes of making a special needs determination for the Adoption Tax Credit (IR-2026-27)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-faqs-about-general-refundability-and-recognizing-indian-tribal-governments-for-purposes-of-making-a-special-needs-determination-for-the-adoption-tax-credit \"Treasury, IRS issue FAQs about general refundability and recognizing Indian tribal governments for purposes of making a special needs determination for the Adoption Tax Credit\")\n- [Q\\&As about Refundability and Recognizing Indian Tribal Governments for Purposes of Making a Special Needs Determination for the Adoption Tax Credit (FS-2026-03)](https:\/\/www.irs.gov\/newsroom\/questions-and-answers-about-refundability-and-recognizing-indian-tribal-governments-for-purposes-of-making-a-special-needs-determination-for-the-adoption-tax-credit \"Questions and Answers about Refundability and Recognizing Indian Tribal Governments for Purposes of Making a Special Needs Determination for the Adoption Tax Credit\")\n- [Tax information for Indian tribal governments](https:\/\/www.irs.gov\/government-entities\/indian-tribal-governments \"Indian tribal governments\")\n### Federal Scholarship Tax Credit for Donations to Scholarship Granting Organizations (Section 70411)\n**Overview of the federal scholarship tax credit (FSTC)**\n\n- Beginning January 1, 2027, individual taxpayers may be able to claim an FSTC for certain cash contributions of up to \\$1700 to Scholarship Granting Organizations (SGOs)\n- An SGO is a charity that awards scholarships to help students pay for certain elementary and secondary educational expenses\n- SGOs must meet other requirements, including being on a list of qualifying SGOs provided to the IRS\n- The tax credit is nonrefundable, which means it can reduce a taxpayer’s federal tax bill but will not result in a refund if the credit is larger than what the taxpayer owes (any excess credit generally can be carried forward for up to 5 years)\n\n**Important details**\n\n- A state or the District of Columbia (state) must choose to participate in the FSTC and provide a list of SGOs in that state to the IRS before an individual taxpayer can donate to an SGO within that state and claim the FSTC\n- The IRS allowed states to make an advance election to participate in the FSTC (see “**Related resources**”); a list of states that have made an advance election can be found on the [electing states](https:\/\/www.irs.gov\/government-entities\/federal-state-local-governments\/federal-scholarship-tax-credit-fstc \"Federal Scholarship Tax Credit (FSTC)\") page\n- All participating states, including those that make an advance election, must annually provide the IRS, by January 1 of the calendar year, with a list of qualifying SGOs in their state\n- For 2027, that list must be provided by January 1, 2027 or as early as practicable\n- The Treasury Department and the IRS intend to issue proposed regulations to provide further guidance on the FSTC this year\n\n**Related resources**\n\n- [States can make an Advance Election to participate in the new federal tax credit for individual contributions to SGOs (IR-2025-121)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-allow-states-to-make-an-advance-election-to-participate-in-the-new-federal-tax-credit-for-individual-contributions-to-scholarship-granting-organizations-under-the-one-big-beautiful-bill \"Treasury, IRS allow States to make an Advance Election to participate in the new federal tax credit for individual contributions to Scholarship Granting Organizations under the One, Big, Beautiful Bill\")\n## Other taxes\nExpand all\n\nCollapse all\n\n### Domestic research or experimental expenditures (Section 70302)\n**Overview of the tax benefit**\n\n- For taxable years beginning after December 31, 2024, taxpayers may deduct domestic research or experimental expenditures which are paid or incurred by the taxpayer during the taxable year. Alternatively, taxpayers may elect to capitalize and take an amortization deduction for domestic research or experimental expenditures over a period of no less than 60 months, beginning in the month in which the taxpayer first realizes benefits from such expenditures. Expenditures for the acquisition or improvement of land or depreciable or depletable property are not eligible.\n- Taxpayers may not currently deduct foreign research or experimental expenditures but may capitalize and amortize them ratably over a 15-year period beginning with the midpoint of the taxable year in which such expenditures are paid or incurred.\n- Transition rules and selection procedures are available as outlined in Revenue Procedure 2025-28.\n\n**Related resources**\n\n- IRC section 174A, Domestic Research or Experimental Expenditures\n- IRC section 174, Amortization of Research and Experimental Expenditures\n- [Revenue Procedures 2025-28 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-03.pdf \"N-26-03\"), Changes in accounting periods and in methods of accounting\n### Dyed Fuel Claims (Section 70525)\n**Overview of the new claim**\n\nThe Act creates a claim for payment, without interest, equal to the federal excise tax previously paid on clear diesel fuel or kerosene that is later indelibly dyed and removed at a terminal for a nontaxable use.\n\n**Claim requirements**\n\nApplies to eligible dyed diesel fuel and kerosene removed on or after Dec. 31, 2025.\n\nEligible fuel includes:\n\n- Previously taxed fuel (that was not credited or refunded),\n- Indelibly dyed by mechanical injection, and\n- Removed from an approved terminal for a nontaxable use\n\n**Important details**\n\n- Guidance on the process for submitting claims will be issued in early 2026\n- The forthcoming guidance will enable refunds to taxpayers that paid the tax on the dyed fuel to which the claim relates\n- Do not file claims until guidance is issued; the IRS will not process any claims until that time\n\n**Related resources**\n\n- [Announcement 2026-01 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/a-26-01.pdf), Claims under § 6435 for Tax Paid on Dyed Fuel\n- [Forthcoming guidance on recovering excise tax paid on dyed fuel (IR-2025-125)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-announce-forthcoming-guidance-on-a-new-method-for-recovering-federal-excise-tax-paid-on-dyed-fuel-established-under-the-one-big-beautiful-bill \"Treasury, IRS announce forthcoming guidance on a new method for recovering federal excise tax paid on dyed fuel established under the One, Big, Beautiful Bill \")\n### Excise tax on certain remittance transfers (Section 70604)\n**Overview of the excise tax**\n\nBeginning Jan. 1, 2026, remittance transfer providers must:\n\n- Collect the **1% excise tax on applicable remittance transactions** when the sender pays with cash, a money order, a cashier’s check, or a similar physical instrument\n- Make semimonthly deposits\n- File quarterly returns with the IRS\n\n**Important details**\n\n- The first semimonthly deposit is due **Jan. 29, 2026**\n- Treasury and the IRS will provide limited penalty relief. This relief applies for the first three quarters of 2026 under Treasury and IRS guidance. Providers may avoid deposit penalties if they make timely deposits (even if the amount is later adjusted) and pay any underpayment by the due date of the applicable quarterly return (Form 720). Safe-harbor rules under excise-tax regulations may also apply\n\n**Related resources**\n\n- [Proposed regulations on the new remittance transfer tax (IR-2026-48)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-proposed-regulations-on-the-new-remittance-transfer-tax-established-under-the-one-big-beautiful-bill \"Treasury, IRS issue proposed regulations on the new remittance transfer tax established under the One, Big, Beautiful Bill\")\n- [Notice 2025-55, Relief from Penalty for Failure to Deposit Remittance Excise Tax (PDF) PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-25-55.pdf)\n- [Penalty relief for remittance transfer providers (IR-2025-102)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-provide-penalty-relief-for-remittance-transfer-providers-who-fail-to-deposit-excise-tax-under-the-one-big-beautiful-bill \"Treasury, IRS provide penalty relief for remittance transfer providers who fail to deposit excise tax under the One, Big, Beautiful Bill\")\n## Resources and guidance\nExpand all\n\nCollapse all\n\n### News releases\n- [One, Big, Beautiful Bill news](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-news \"One, Big, Beautiful Bill news\")\n- [Final regulations listing occupations where workers customarily and regularly receive tips (IR-2026-49)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-final-regulations-listing-occupations-where-workers-customarily-and-regularly-receive-tips-under-the-one-big-beautiful-bill \"Treasury, IRS issue final regulations listing occupations where workers customarily and regularly receive tips under the One, Big, Beautiful Bill\")\n- [Proposed regulations on the new remittance transfer tax (IR-2026-48)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-proposed-regulations-on-the-new-remittance-transfer-tax-established-under-the-one-big-beautiful-bill \"Treasury, IRS issue proposed regulations on the new remittance transfer tax established under the One, Big, Beautiful Bill\")\n- [Guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill (IR-2026-45)](https:\/\/www.irs.gov\/newsroom\/treasury-irs-provide-guidance-to-states-for-nominating-census-tracts-as-qualified-opportunity-zones-under-the-one-big-beautiful-bill \"Treasury, IRS provide guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill\")\n- [4 million children have been signed up for Trump Accounts with 1 million claiming the \\$1,000 pilot program contribution (IR-2026-42)](https:\/\/www.irs.gov\/newsroom\/4-million-children-have-been-signed-up-for-trump-accounts-with-1-million-claiming-the-1000-pilot-program-contribution \"4 million children have been signed up for Trump Accounts with 1 million claiming the $1,000 pilot program contribution\")\n- [Updated Tax Withholding Estimator lets millions of taxpayers take One, Big, Beautiful Bill changes into account when calculating their withholding (IR-2026-35)](https:\/\/www.irs.gov\/newsroom\/updated-tax-withholding-estimator-lets-millions-of-taxpayers-take-one-big-beautiful-bill-changes-into-account-when-calculating-their-withholding \"Updated Tax Withholding Estimator lets millions of taxpayers take One, Big, Beautiful Bill changes into account when calculating their withholding\")\n### Fact sheets\n- [How to spot fake tax deduction calculators exploiting the new tax law (FS-2026-09)](https:\/\/www.irs.gov\/newsroom\/how-to-spot-fake-tax-deduction-calculators-exploiting-the-new-tax-law-under-the-one-big-beautiful-bill \"How to spot fake tax deduction calculators exploiting the new tax law under the One, Big, Beautiful Bill \")\n- [Tax scams to watch for (FS-2026-08)](https:\/\/www.irs.gov\/newsroom\/tax-scams-to-watch-for-related-to-the-one-big-beautiful-bill \"Tax scams to watch for related to the One, Big, Beautiful Bill\")\n- [The One, Big, Beautiful Bill: What gig economy workers should know (FS-2026-07)](https:\/\/www.irs.gov\/newsroom\/the-one-big-beautiful-bill-what-gig-economy-workers-should-know \"The One, Big, Beautiful Bill: What gig economy workers should know\")\n- [IRS reminds taxpayers: Watch out for preparers promising quick cash, fast refunds (FS-2026-06)](https:\/\/www.irs.gov\/newsroom\/irs-reminds-taxpayers-watch-out-for-preparers-promising-quick-cash-fast-refunds-under-new-one-big-beautiful-bill-tax-changes \"IRS reminds taxpayers: Watch out for preparers promising quick cash, fast refunds under new One, Big, Beautiful Bill tax changes\")\n- [What you will need to file your taxes under the One, Big, Beautiful Bill (FS-2026-05)](https:\/\/www.irs.gov\/newsroom\/what-you-will-need-to-file-your-taxes-under-the-one-big-beautiful-bill \"What you will need to file your taxes under the One, Big, Beautiful Bill\")\n- [Schedule 1-A, Additional Deductions: What to know about the new form (FS-2026-04)](https:\/\/www.irs.gov\/newsroom\/schedule-1-a-additional-deductions-what-to-know-about-the-new-form \"Schedule 1-A, Additional Deductions: What to know about the new form \")\n- [Tax deductions for workers and seniors (FS-2025-03)](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors \"One, Big, Beautiful Bill Act: Tax deductions for working Americans and seniors\")\n### Tax tips\n- [One, Big, Beautiful Bill tax tips](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions-tax-tips \"One, Big, Beautiful Bill provisions tax tips\")\n- [Filing tips and updates for gig economy workers (Tax Tip 2026-26)](https:\/\/www.irs.gov\/newsroom\/filing-tips-and-updates-for-gig-economy-workers \"Filing tips and updates for gig economy workers\")\n- [Taxpayers could see a change in their 2025 tax bill or refund (Tax Tip 2026-20)](https:\/\/www.irs.gov\/newsroom\/taxpayers-could-see-a-change-in-their-2025-tax-bill-or-refund \"Taxpayers could see a change in their 2025 tax bill or refund\")\n- [Tax benefits for parents and families (Tax Tip 2026-17)](https:\/\/www.irs.gov\/newsroom\/tax-benefits-for-parents-and-families \"Tax benefits for parents and families\")\n- [2026 filing season updates and resources for seniors (Tax Tip 2026-14)](https:\/\/www.irs.gov\/newsroom\/2026-filing-season-updates-and-resources-for-seniors \"2026 filing season updates and resources for seniors\")\n- [New and enhanced deductions for individuals (Tax Tip 2026-12)](https:\/\/www.irs.gov\/newsroom\/new-and-enhanced-deductions-for-individuals \"New and enhanced deductions for individuals\")\n### Ready-to-use articles\n- [One, Big, Beautiful Bill ready-to-use articles](https:\/\/www.irs.gov\/newsroom\/tax-articles-to-share#one-big-beautiful-bill \"Tax articles to share\")\n- [Notable changes to the Adoption Credit (Ready-to-use article, April 1, 2026)](https:\/\/www.irs.gov\/newsroom\/notable-changes-to-the-adoption-credit \"Notable changes to the Adoption Credit\")\n- [Tax Withholding Estimator now reflects changes under the One, Big, Beautiful Bill (Ready-to-use-article, March 18, 2026)](https:\/\/www.irs.gov\/newsroom\/tax-withholding-estimator-now-reflects-changes-under-the-one-big-beautiful-bill \"Tax Withholding Estimator now reflects changes under the One, Big, Beautiful Bill\")\n- [What to know about the No Tax on Overtime deduction (Ready-to-use article, March 5, 2026)](https:\/\/www.irs.gov\/newsroom\/what-to-know-about-the-no-tax-on-overtime-deduction \"What to know about the No Tax on Overtime deduction\")\n- [What the “No Tax on Tips” deduction means for you (Ready-to-use article, March 5, 2026)](https:\/\/www.irs.gov\/newsroom\/what-the-no-tax-on-tips-deduction-means-for-you \"What the “No Tax on Tips” deduction means for you\")\n- [Check your eligibility for the new enhanced deduction for seniors (Ready-to-use article, Feb. 27, 2026)](https:\/\/www.irs.gov\/newsroom\/check-your-eligibility-for-the-new-enhanced-deduction-for-seniors \"Check your eligibility for the new enhanced deduction for seniors\")\n- [IRS Opportunity Zones guidance makes investments in rural areas more attractive for real estate investors (Ready-to-use article, Jan. 21, 2026)](https:\/\/www.irs.gov\/newsroom\/irs-opportunity-zones-guidance-makes-investments-in-rural-areas-more-attractive-for-real-estate-investors \"IRS Opportunity Zones guidance makes investments in rural areas more attractive for real estate investors\")\n### Frequently asked questions\n- [One, Big, Beautiful Bill frequently asked questions](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-frequently-asked-questions)\n- [Questions and answers about Refundability and Recognizing Indian Tribal Governments for Purposes of Making a Special Needs Determination for the Adoption Tax Credit (FS-2026-03)](https:\/\/www.irs.gov\/newsroom\/questions-and-answers-about-refundability-and-recognizing-indian-tribal-governments-for-purposes-of-making-a-special-needs-determination-for-the-adoption-tax-credit \"Questions and Answers about Refundability and Recognizing Indian Tribal Governments for Purposes of Making a Special Needs Determination for the Adoption Tax Credit\")\n- [Questions and answers about the new deduction for qualified overtime compensation (FS-2026-01)](https:\/\/www.irs.gov\/newsroom\/questions-and-answers-about-the-new-deduction-for-qualified-overtime-compensation)\n- [Updates to Questions and Answers about the Premium Tax Credit (FS-2025-10) PDF](https:\/\/www.irs.gov\/pub\/taxpros\/fs-2025-10.pdf \"Updates to Questions and Answers about the Premium Tax Credit\")\n- [Questions and answers about the limitation on the deduction for business interest expense (FS-2025-09) PDF](https:\/\/www.irs.gov\/pub\/taxpros\/fs-2025-09.pdf \"Questions and answers about the limitation on the deduction for business interest expense\")\n- [Form 1099-K FAQ updates (FS-2025-08) PDF](https:\/\/www.irs.gov\/pub\/taxpros\/fs-2025-08.pdf \"IRS revises and updates Form 1099-K frequently asked questions\")\n### Notices\n- [One, Big, Beautiful Bill notices](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-notices \"One, Big, Beautiful Bill notices\")\n- [Notice 2026-15 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-15.pdf \"Notice 2026-15\"), Guidance to Apply Interim Safe Harbors for Purposes of Determining a Taxpayer’s Material Assistance from a Prohibited Foreign Entity; Other Prohibited Foreign Entity Guidance\n- [Notice 2026-11 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-11.pdf \"Notice-26-11\"), Interim Guidance on Additional First Year Depreciation Deduction under § 168(k)\n- [Notice 2026-05 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-05.pdf), Expanded Availability of Health Savings Accounts under the One, Big, Beautiful Bill Act (OBBA)\n- [Notice 2026-03 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-03.pdf), Relief from Additions to Tax under Sections 6654 and 6655 for Underpayment of Estimated Income Tax by Taxpayers Making an Election under Section 10\n- [Notice 2026-01 PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/n-26-01.pdf), Safe Harbor for the Credit for Carbon Oxide Sequestration under Section 45Q for Qualified Carbon Oxide Disposed of in Secure Geological Storage in Calendar Year 2025\n### Announcements\n- [Announcement 2026-01 PDF](file:\/\/\/C:\/pub\/irs-drop\/a-26-01.pdf), Claims under § 6435 for Tax Paid on Dyed Fuel\n### Revenue procedures\n- [Revenue Procedure 2026-6, 26 CFR 601.601: Rules and regulations PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/rp-26-06.pdf \"rp-26-06\")\n- [Rev. Proc. 2025-32, 26 CFR 601.602, Tax Forms and Instructions PDF](https:\/\/www.irs.gov\/pub\/irs-drop\/rp-25-32.pdf)\n\nPage Last Reviewed or Updated: 15-Apr-2026\n\n- [Share](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions)\n  - [Facebook](https:\/\/www.irs.gov\/#facebook)\n  - [Twitter](https:\/\/www.irs.gov\/#twitter)\n  - [Linkedin](https:\/\/www.irs.gov\/#linkedin)\n- Print\n\n## Footer Navigation\n- Our Agency\n  - [About IRS](https:\/\/www.irs.gov\/about-irs)\n  - [Careers](https:\/\/jobs.irs.gov\/)\n  - [Operations and Budget](https:\/\/www.irs.gov\/statistics\/soi-tax-stats-irs-operations-and-budget)\n  - [Tax Statistics](https:\/\/www.irs.gov\/statistics)\n  - [Help](https:\/\/www.irs.gov\/help\/let-us-help-you)\n  - [Find a Local Office](https:\/\/www.irs.gov\/help\/contact-your-local-irs-office)\n- Know Your Rights\n  - [Taxpayer Bill of Rights](https:\/\/www.irs.gov\/taxpayer-bill-of-rights)\n  - [Taxpayer Advocate Service](https:\/\/www.irs.gov\/taxpayer-advocate)\n  - [Independent Office of Appeals](https:\/\/www.irs.gov\/appeals)\n  - [Civil Rights](https:\/\/www.irs.gov\/about-irs\/protecting-taxpayer-civil-rights)\n  - [FOIA](https:\/\/www.irs.gov\/privacy-disclosure\/irs-freedom-of-information)\n  - [No FEAR Act Data](https:\/\/home.treasury.gov\/footer\/no-fear-act)\n  - [Reliance on Guidance](https:\/\/www.irs.gov\/newsroom\/general-overview-of-taxpayer-reliance-on-guidance-published-in-the-internal-revenue-bulletin-and-faqs)\n- Resolve an Issue\n  - [IRS Notices and Letters](https:\/\/www.irs.gov\/individuals\/understanding-your-irs-notice-or-letter)\n  - [Identity Theft](https:\/\/www.irs.gov\/identity-theft-central)\n  - [Tax scams](https:\/\/www.irs.gov\/help\/tax-scams)\n  - [Tax Fraud](https:\/\/www.irs.gov\/compliance\/criminal-investigation\/tax-fraud-alerts)\n  - [Criminal Investigation](https:\/\/www.irs.gov\/compliance\/criminal-investigation)\n  - [Whistleblower Office](https:\/\/www.irs.gov\/compliance\/whistleblower-office)\n- Languages\n  - [Español](https:\/\/www.irs.gov\/es)\n  - [中文 (简体)](https:\/\/www.irs.gov\/zh-hans)\n  - [中文 (繁體)](https:\/\/www.irs.gov\/zh-hant)\n  - [한국어](https:\/\/www.irs.gov\/ko)\n  - [Pусский](https:\/\/www.irs.gov\/ru)\n  - [Tiếng Việt](https:\/\/www.irs.gov\/vi)\n  - [Kreyòl ayisyen](https:\/\/www.irs.gov\/ht)\n  - [English](https:\/\/www.irs.gov\/)\n- Related Sites\n  - [U.S. Treasury](https:\/\/www.treasury.gov\/)\n  - [Treasury Inspector General for Tax Administration](https:\/\/www.treasury.gov\/tigta\/)\n  - [USA.gov](https:\/\/www.usa.gov\/)\n  - [USAspending.gov](https:\/\/www.usaspending.gov\/)\n  - [Vote.gov](https:\/\/vote.gov\/)\n\n[![Home](https:\/\/www.irs.gov\/themes\/custom\/pup_base\/IRS-Logo.svg)](https:\/\/www.irs.gov\/)\n\n## Subfooter\n- [Privacy Policy](https:\/\/www.irs.gov\/privacy-disclosure\/irs-privacy-policy)\n- [Accessibility](https:\/\/www.irs.gov\/accessibility)\n\n✓\n\nThanks for sharing\\!\n\n[AddToAny](https:\/\/www.addtoany.com\/ \"Share Buttons\")\n\n[More…](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#addtoany \"Show all\")","attrs_readable_markdown":"The [One, Big, Beautiful Bill Act](https:\/\/www.congress.gov\/bill\/119th-congress\/house-bill\/1\/text) significantly affects federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21.\n\n## On this page\n- [Individuals and workers](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#individuals)\n- [Families and dependents](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#families)\n- [Healthcare](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#healthcare)\n- [Businesses](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#businesses)\n- [Clean energy](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#cleanenergy)\n- [Investment and community development](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#investment)\n- [Tax-exempt entities and charitable giving](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#taxexempt)\n- [Other taxes](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#other)\n- [Resources and guidance](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions#resources)\n## Individuals and workers\nView [tax provisions affecting individuals and workers in the One, Big, Beautiful Bill](https:\/\/www.irs.gov\/newsroom\/one-big-beautiful-bill-provisions-individuals-and-workers).\n\n## Families and dependents\n###\n###\n## Healthcare\n###\n###\n## Businesses\n###\n###\n###\n###\n## Clean energy\n###\n###\n###\n###\n###\n## Investment and community development\n###\n###\n###\n## Tax-exempt entities and charitable giving\n###\n###\n## Other taxes\n###\n###\n###\n## Resources and guidance\n###\n###\n###\n###\n###\n###\n###\n###","meta_canonical":null}

3. Robots.txt Check

Query:

Response:

4. Spam/Ban Check

Query:

Response:

5. Seen Status Check

ℹ️ Skipped - page is already crawled

📄

INDEXABLE

✅

CRAWLED

8 hours ago

🤖

ROBOTS ALLOWED

Page Info Filters

Filter	Status	Condition	Details
HTTP status	PASS	`download_http_code = 200`	HTTP 200
Age cutoff	PASS	`download_stamp > now() - 6 MONTH`	0 months ago
History drop	PASS	`isNull(history_drop_reason)`	No drop reason
Spam/ban	PASS	`fh_dont_index != 1 AND ml_spam_score = 0`	ml_spam_score=0
Canonical	PASS	`meta_canonical IS NULL OR = '' OR = src_unparsed`	Not set

Page Details

Property	Value
URL	https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions
Last Crawled	2026-04-16 09:48:30 (8 hours ago)
First Indexed	2025-09-16 00:28:19 (7 months ago)
HTTP Status Code	200
Meta Title	One, Big, Beautiful Bill provisions \| Internal Revenue Service
Meta Description	The One, Big, Beautiful Bill Act has a significant effect on your taxes, credits and deductions.
Meta Canonical	null
Boilerpipe Text	The One, Big, Beautiful Bill Act significantly affects federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21. On this page Individuals and workers Families and dependents Healthcare Businesses Clean energy Investment and community development Tax-exempt entities and charitable giving Other taxes Resources and guidance Individuals and workers View tax provisions affecting individuals and workers in the One, Big, Beautiful Bill . Families and dependents Healthcare Businesses Clean energy Investment and community development Tax-exempt entities and charitable giving Other taxes Resources and guidance
Markdown	[Skip to main content](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#main-content) ![](https://www.irs.gov/themes/custom/pup_base/images/us_flag_small.png) An official website of the United States government Here's how you know Here's how you know ![](https://www.irs.gov/themes/custom/pup_base/images/icon-dot-gov.svg) Official websites use .gov A .gov website belongs to an official government organization in the United States. ![](https://www.irs.gov/themes/custom/pup_base/images/icon-https.svg) Secure .gov websites use HTTPS A lock (![Locked padlock icon](https://www.irs.gov/themes/custom/pup_base/images/lock.svg)) or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites. [![Home](https://www.irs.gov/themes/custom/pup_base/IRS-Logo.svg) ![Home](https://www.irs.gov/themes/custom/pup_irs/images/logo-print.svg)](https://www.irs.gov/ "Home") ## Information Menu - [Help](https://www.irs.gov/help/let-us-help-you "Help") - [News](https://www.irs.gov/newsroom "News") - English - [Español](https://www.irs.gov/es/newsroom/one-big-beautiful-bill-provisions) - [中文 (简体)](https://www.irs.gov/zh-hans/newsroom/one-big-beautiful-bill-provisions) - [中文 (繁體)](https://www.irs.gov/zh-hant/newsroom/one-big-beautiful-bill-provisions) - [한국어](https://www.irs.gov/ko/newsroom/one-big-beautiful-bill-provisions) - [Русский](https://www.irs.gov/ru/newsroom/one-big-beautiful-bill-provisions) - [Tiếng Việt](https://www.irs.gov/vi/newsroom/one-big-beautiful-bill-provisions) - [Kreyòl ayisyen](https://www.irs.gov/ht/newsroom/one-big-beautiful-bill-provisions) - [Tax Pros](https://www.irs.gov/tax-professionals) - Sign in - [Individual](https://sa.www4.irs.gov/ola) - [Business](https://sa.www4.irs.gov/bola) - [Tax Pro](https://sa.www4.irs.gov/taxpro) - ## Access your tax information with an IRS account. - Refunds - Payments - Tax records - [Create account](https://www.irs.gov/your-account) - Search - - Sign in - [Individual](https://sa.www4.irs.gov/ola) - [Business](https://sa.www4.irs.gov/bola) - [Tax Pro](https://sa.www4.irs.gov/taxpro) - ## Access your tax information with an IRS account. - Refunds - Payments - Tax records - [Create account](https://www.irs.gov/your-account) - Menu ## Main navigation [![Home](https://www.irs.gov/themes/custom/pup_base/IRS-Logo.svg)](https://www.irs.gov/ "Home") - [File](https://www.irs.gov/filing) - [Pay](https://www.irs.gov/payments) - [Refunds](https://www.irs.gov/refunds) - [Credits & Deductions](https://www.irs.gov/credits-and-deductions) - [Forms](https://www.irs.gov/forms-instructions) - [Report Fraud](https://www.irs.gov/help/report-fraud) ## Information Menu - [Help](https://www.irs.gov/help/let-us-help-you "Help") - [News](https://www.irs.gov/newsroom "News") - [Tax Pros](https://www.irs.gov/tax-professionals) - Sign in - [Individual](https://sa.www4.irs.gov/ola) - [Business](https://sa.www4.irs.gov/bola) - [Tax Pro](https://sa.www4.irs.gov/taxpro) - ## Access your tax information with an IRS account. - Refunds - Payments - Tax records - [Create account](https://www.irs.gov/your-account) ## [File](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions) - [Overview](https://www.irs.gov/filing) - INFORMATION FOR… - [Individuals](https://www.irs.gov/individual-tax-filing) - [Business and self-employed](https://www.irs.gov/businesses) - [Charities and nonprofits](https://www.irs.gov/charities-and-nonprofits) - [International filers](https://www.irs.gov/individuals/international-taxpayers) - [Retirement](https://www.irs.gov/retirement-plans) - [Governments and tax-exempt bonds](https://www.irs.gov/government-entities) - [Indian Tribal Governments](https://www.irs.gov/government-entities/indian-tribal-governments) - FILING FOR INDIVIDUALS - [How to file](https://www.irs.gov/filing/individuals/how-to-file) - [When to file](https://www.irs.gov/filing/individuals/when-to-file) - [Where to file](https://www.irs.gov/filing/where-to-file-tax-returns-addresses-listed-by-return-type) - [Update your information](https://www.irs.gov/filing/individuals/update-my-information) - POPULAR - [Tax record (transcript)](https://www.irs.gov/individuals/get-transcript) - [Apply for an Employer ID Number (EIN)](https://www.irs.gov/businesses/small-businesses-self-employed/get-an-employer-identification-number) - [Amend return](https://www.irs.gov/filing/file-an-amended-return) - [Identity Protection PIN (IP PIN)](https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin) ## [Pay](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions) - [Overview](https://www.irs.gov/payments) - PAY BY - [Bank Account (Direct Pay)](https://www.irs.gov/payments/direct-pay-with-bank-account) - [Payment Plan (Installment Agreement)](https://www.irs.gov/payments/online-payment-agreement-application) - [Electronic Federal Tax Payment System (EFTPS)](https://www.irs.gov/payments/eftps-the-electronic-federal-tax-payment-system) - POPULAR - [Your Online Account](https://www.irs.gov/your-account) - [Tax Withholding Estimator](https://www.irs.gov/individuals/tax-withholding-estimator) - [Estimated Taxes](https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes) - [Penalties](https://www.irs.gov/payments/penalties) ## [Refunds](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions) - [Overview](https://www.irs.gov/refunds) - [About refunds](https://www.irs.gov/refunds/about-refunds) - [Direct deposit](https://www.irs.gov/refunds/get-your-refund-faster-tell-irs-to-direct-deposit-your-refund-to-one-two-or-three-accounts) - [Reduced refunds](https://www.irs.gov/refunds/reduced-refund) - [Where’s my amended return?](https://www.irs.gov/filing/wheres-my-amended-return) ## [Credits & Deductions](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions) - [Overview](https://www.irs.gov/credits-and-deductions) - INFORMATION FOR... - [Individuals](https://www.irs.gov/credits-and-deductions-for-individuals "For you and your family") - [Businesses & Self-Employed](https://www.irs.gov/credits-deductions/businesses "Standard mileage and other information") - POPULAR - [Earned Income Credit (EITC)](https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit-eitc) - [Child Tax Credit](https://www.irs.gov/credits-deductions/individuals/child-tax-credit) - [Clean Energy and Vehicle Credits](https://www.irs.gov/credits-deductions/clean-vehicle-and-energy-credits) - [Standard Deduction](https://www.irs.gov/help/ita/how-much-is-my-standard-deduction) - [Retirement Plans](https://www.irs.gov/retirement-plans) ## [Forms](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions) - [Overview](https://www.irs.gov/forms-instructions) - POPULAR FORMS & INSTRUCTIONS - [Form 1040](https://www.irs.gov/forms-pubs/about-form-1040 "Individual Income Tax Return") - [Form 1040 Instructions](https://www.irs.gov/instructions/i1040gi "Instructions for Form 1040 ") - [Form W-9](https://www.irs.gov/forms-pubs/about-form-w-9 "Request for Taxpayer Identification Number (TIN) and Certification") - [Form 4506-T](https://www.irs.gov/forms-pubs/about-form-4506-t "Request for Transcript of Tax Return") - [Form W-4](https://www.irs.gov/forms-pubs/about-form-w-4 "Employee's Withholding Certificate") - [Form 941](https://www.irs.gov/forms-pubs/about-form-941 "Employer's Quarterly Federal Tax Return") - [Form W-2](https://www.irs.gov/forms-pubs/about-form-w-2 "Wage and Tax Statement") - [Form 9465](https://www.irs.gov/forms-pubs/about-form-9465 "Installment Agreement Request") - POPULAR FOR TAX PROS - [Form 1040-X](https://www.irs.gov/forms-pubs/about-form-1040x "Amended Individual Income Tax Return") - [Form 2848](https://www.irs.gov/forms-pubs/about-form-2848 "Power of Attorney") - [Form W-7](https://www.irs.gov/forms-pubs/about-form-w-7 "Apply for an ITIN") - [Circular 230](https://www.irs.gov/tax-professionals/office-of-professional-responsibility-and-circular-230 "Regulations Governing Practice before the IRS") ## [Report Fraud](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions) - [Overview](https://www.irs.gov/help/report-fraud) - [Tax fraud and scams](https://www.irs.gov/help/report-fraud/report-tax-fraud-a-scam-or-law-violation) - [Identity theft](https://www.irs.gov/identity-theft-central) - [Fake IRS email or message](https://www.irs.gov/help/report-fraud/report-fake-irs-treasury-or-tax-related-emails-and-messages) - [Tax return preparer](https://www.irs.gov/help/report-fraud/make-a-complaint-about-a-tax-return-preparer) ## Main navigation - [File](https://www.irs.gov/filing) - [Pay](https://www.irs.gov/payments) - [Refunds](https://www.irs.gov/refunds) - [Credits & Deductions](https://www.irs.gov/credits-and-deductions) - [Forms & Instructions](https://www.irs.gov/forms-instructions) ## Info Menu Mobile - [Charities & Nonprofits](https://www.irs.gov/charities-and-nonprofits) - [Help](https://www.irs.gov/help/let-us-help-you "Help") - English - [Español](https://www.irs.gov/es/newsroom/one-big-beautiful-bill-provisions) - [中文 (简体)](https://www.irs.gov/zh-hans/newsroom/one-big-beautiful-bill-provisions) - [中文 (繁體)](https://www.irs.gov/zh-hant/newsroom/one-big-beautiful-bill-provisions) - [한국어](https://www.irs.gov/ko/newsroom/one-big-beautiful-bill-provisions) - [Русский](https://www.irs.gov/ru/newsroom/one-big-beautiful-bill-provisions) - [Tiếng Việt](https://www.irs.gov/vi/newsroom/one-big-beautiful-bill-provisions) - [Kreyòl ayisyen](https://www.irs.gov/ht/newsroom/one-big-beautiful-bill-provisions) - [News](https://www.irs.gov/newsroom "News") - [Tax Pros](https://www.irs.gov/tax-professionals "Tax Pros") 1. [Home](https://www.irs.gov/) 2. [News](https://www.irs.gov/newsroom) 3. One, Big, Beautiful Bill provisions # One, Big, Beautiful Bill provisions ### More In News - [Topics in the news](https://www.irs.gov/newsroom/topics-in-the-news "Topics in the news") - [News releases](https://www.irs.gov/newsroom/news-releases-for-current-month "News releases") - [Multimedia center](https://www.irs.gov/newsroom/multimedia-center "Multimedia center") - [Tax relief in disaster situations](https://www.irs.gov/newsroom/tax-relief-in-disaster-situations "Tax relief in disaster situations") - [One Big Beautiful Bill Act](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions "One Big Beautiful Bill Act") - [Inflation Reduction Act](https://www.irs.gov/inflation-reduction-act-of-2022 "Inflation Reduction Act") - [Tax Cuts and Jobs Act](https://www.irs.gov/tax-cuts-and-jobs-act "Tax Cuts and Jobs Act") - [Taxpayer First Act](https://www.irs.gov/taxpayer-first-act "Taxpayer First Act") - [Tax scams and consumer alerts](https://www.irs.gov/help/tax-scams/recognize-tax-scams-and-fraud "Tax scams and consumer alerts") - [The tax gap](https://www.irs.gov/newsroom/the-tax-gap "The tax gap") - [Fact sheets](https://www.irs.gov/newsroom/fact-sheets "Fact sheets") - [IRS Tax Tips](https://www.irs.gov/newsroom/irs-tax-tips "IRS Tax Tips") - [e-News subscriptions](https://www.irs.gov/newsroom/e-news-subscriptions "e-News subscriptions") - [IRS guidance](https://www.irs.gov/newsroom/irs-guidance "IRS guidance") - [Media contacts](https://www.irs.gov/newsroom/irs-media-relations-office-contact "Media contacts") - [IRS statements and announcements](https://www.irs.gov/newsroom/irs-statements-and-announcements "IRS statements and announcements") The [One, Big, Beautiful Bill Act](https://www.congress.gov/bill/119th-congress/house-bill/1/text) significantly affects federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21. ## On this page - [Individuals and workers](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#individuals) - [Families and dependents](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#families) - [Healthcare](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#healthcare) - [Businesses](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#businesses) - [Clean energy](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#cleanenergy) - [Investment and community development](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#investment) - [Tax-exempt entities and charitable giving](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#taxexempt) - [Other taxes](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#other) - [Resources and guidance](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#resources) ## Individuals and workers View [tax provisions affecting individuals and workers in the One, Big, Beautiful Bill](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions-individuals-and-workers). ## Families and dependents Expand all Collapse all ### Trump Accounts under the Working Families Tax Cuts (Section 70204) Overview of Trump Accounts - Parents, guardians, or others can establish a Trump Account for an eligible child - Trump Accounts cannot be funded before July 4, 2026 - The federal government will make a one-time \$1,000 contribution for each eligible child’s account - Authorized contributions from individuals and employers are allowed up to \$5,000 per year - Employers can contribute up to \$2,500 per year toward an employee’s or dependent’s Trump Account without it counting as taxable income for the employee - Funds must be invested in certain mutual funds or exchange-traded funds that track a U.S. stock index such as the S\&P 500 Withdrawal and use - Generally, money cannot be withdrawn before the year the child turns 18 - After that point, the account is treated like a traditional IRA with similar tax rules Related resources - [4 million children have been signed up for Trump Accounts with 1 million claiming the \$1,000 pilot program contribution (IR-2026-42)](https://www.irs.gov/newsroom/4-million-children-have-been-signed-up-for-trump-accounts-with-1-million-claiming-the-1000-pilot-program-contribution "4 million children have been signed up for Trump Accounts with 1 million claiming the $1,000 pilot program contribution") - [Proposed regulations on how to open initial Trump Accounts (IR-2026-33)](https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-on-how-to-open-initial-trump-accounts-under-the-one-big-beautiful-bill "Treasury, IRS issue proposed regulations on how to open initial Trump Accounts under the One, Big, Beautiful Bill") - [Proposed regulations for Trump Accounts contribution pilot program, Treasury Department to deposit \$1,000 into the account of each eligible child (IR-2026-31)](https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-for-trump-accounts-contribution-pilot-program-treasury-department-to-deposit-1000-into-the-account-of-each-eligible-child "Treasury, IRS issue proposed regulations for Trump Accounts contribution pilot program, Treasury Department to deposit $1,000 into the account of each eligible child") - [Trump Accounts established under the Working Families Tax Cuts (IR-2025-117)](https://www.irs.gov/newsroom/treasury-irs-issue-guidance-on-trump-accounts-established-under-the-working-families-tax-cuts-notice-announces-upcoming-regulations "Treasury, IRS issue guidance on Trump Accounts established under the Working Families Tax Cuts; notice announces upcoming regulations") - [IRS.gov/trumpaccounts](https://www.irs.gov/trumpaccounts "Trump Accounts") - [trumpaccounts.gov](https://www.trumpaccounts.gov/) ### Adoption Credit enhancement (Section 70402) Overview of the change - Beginning tax years after Dec. 31, 2024, up to \$5,000 (indexed for inflation) of the adoption credit may be refundable - Any credit amount carried forward from prior years cannot be used to calculate the refundable portion Related resource - [Notable changes to the Adoption Credit (Ready-to-use article, April 1, 2026)](https://www.irs.gov/newsroom/notable-changes-to-the-adoption-credit "Notable changes to the Adoption Credit") - [Tax credits for individuals (Tax Tip 2026-10)](https://www.irs.gov/newsroom/tax-credits-for-individuals "Tax credits for individuals") ## Healthcare Expand all Collapse all ### Health Savings Account expansion for participants (Section 71307) Overview of changes and benefits Telehealth and remote care services - Telehealth and other remote care services can now be received before meeting a high-deductible health plan deductible - People can still contribute to their Health Savings Account (HSA) even after using telehealth before meeting the deductible - This rule is permanent for plan years starting on or after Jan. 1, 2025. Expanded eligibility for bronze and catastrophic plans - Starting Jan. 1, 2026, bronze and catastrophic health insurance plans are treated as HSA-compatible - This applies whether the plans are bought through an insurance exchange or not - This change makes more people eligible to contribute to an HSA, including individuals who previously could not because their plan did not meet the strict HDHP definition Direct primary care arrangements - Beginning Jan. 1, 2026, people enrolled in certain direct primary care (DPC) service arrangements may: - Contribute to an HSA if they otherwise qualify - Use HSA funds tax-free to pay periodic DPC fees Call for comments - Treasury and the IRS invite public comments on the guidance by March 6, 2026, via the federal rulemaking portal or by mail Related resources - [New tax benefits for health savings account participants (IR-2025-119)](https://www.irs.gov/newsroom/treasury-irs-provide-guidance-on-new-tax-benefits-for-health-savings-account-participants-under-the-one-big-beautiful-bill "Treasury, IRS provide guidance on new tax benefits for health savings account participants under the One, Big, Beautiful Bill ") ### Premium Tax Credit (Sections 71301, 71302, 71303, 71304 and 71305) Overview of changes - Removal of limitations on repayment of excess advance payment of the premium tax credit for tax years beginning after Dec. 31, 2025 - Elimination of certain Premium Tax Credit rules that no longer apply after tax years 2020 and 2021 Related resources - [Tax credits for individuals (Tax Tip 2026-10)](https://www.irs.gov/newsroom/tax-credits-for-individuals "Tax credits for individuals") - [IRS updates frequently asked questions on the Premium Tax Credit (IR-2025-127)](https://www.irs.gov/newsroom/irs-updates-frequently-asked-questions-on-the-premium-tax-credit "IRS updates frequently asked questions on the Premium Tax Credit") - [Questions and Answers about the Premium Tax Credit (FS-2025-10) PDF](https://www.irs.gov/pub/taxpros/fs-2025-10.pdf "Updates to Questions and Answers about the Premium Tax Credit") ## Businesses Expand all Collapse all ### Passenger vehicle loan interest transition relief for 2025 (Section 70203) Transition relief overview IRS provides transitional relief for tax year 2025 for lenders and other recipients of qualified interest who must file information returns with the IRS and provide statements to borrowers showing the total amount of interest received on qualified passenger vehicle loans and other relevant information. How the relief applies for 2025 - Applies to reporting requirements under the One, Big, Beautiful Bill for qualified passenger vehicle loans - Lenders and other payors should refer to Notice 2025-57 and other related guidance to determine how the 2025 reporting rules apply Related resources - [Notice 2025-57, Transitional Guidance Regarding Returns Relating to Certain Interest on Specified Passenger Vehicle Loans Received in a Trade or Business PDF](https://www.irs.gov/pub/irs-drop/n-25-57.pdf) - [Transition relief for vehicle loan interest reporting (IR-2025-105)](https://www.irs.gov/newsroom/treasury-irs-provide-transition-relief-for-2025-for-businesses-reporting-car-loan-interest-under-the-one-big-beautiful-bill "Treasury, IRS provide transition relief for 2025 for businesses reporting car loan interest under the One, Big, Beautiful Bill") ### Qualified Production Property (Section70307) Overview of changes Qualified Production Property deduction allows businesses to write off the cost of certain property more quickly. Deduction percentage For most qualifying business property bought and put into use after Jan. 19, 2025, businesses can now deduct 100 percent of the cost in the first year. This means they do not have to spread the deduction over several years. Who this helps This change mainly helps businesses that buy things like: - Equipment and machinery - Certain plants - Other qualifying business property Current guidance Until official regulations are issued, taxpayers may follow existing depreciation rules with updated dates and percentages based on this new law. Related resources - [Guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bill (IR-2026-06)](https://www.irs.gov/newsroom/treasury-irs-issue-guidance-on-the-additional-first-year-depreciation-deduction-amended-as-part-of-the-one-big-beautiful-bill "Treasury, IRS issue guidance on the additional first year depreciation deduction amended as part of the One, Big, Beautiful Bill") - [Interim Guidance on Additional First Year Depreciation Deduction under § 168(k) (Notice 2026-11) PDF](https://www.irs.gov/pub/irs-drop/n-26-11.pdf "Notice-26-11") ### Third Party Network Transactions (Section 70432) Overview of changes to Third Party Network Transactions Proposed regulations were published to explain when backup withholding applies to certain payments made through third-party payment platforms. Definition Backup withholding is a tax that may be withheld from a payment when certain reporting rules apply. Who this affects - Third-party settlement organizations, such as payment apps and online platforms that process payments for sellers and service providers - Sellers and payees who receive payments through these platforms Key change to the threshold Under the updated law, backup withholding generally applies only when both of the following are true in a calendar year: - The total payments to a person are more than \$20,000, and - The total number of transactions is more than 200 This replaces the lower \$600 threshold that had been scheduled under prior law. What this means for sellers If you receive payments through a third-party platform and do not exceed both limits, your payments generally will not trigger backup withholding under these proposed rules. This change may reduce withholding for individuals and small businesses with lower payment volumes. What this means for payment platforms Third-party platforms must: - Track both the number of transactions and the total dollar amount paid to each payee - Apply backup withholding only after both thresholds are exceeded Call for comments The IRS is accepting public comments through [regulations.gov](https://www.regulations.gov/ "Regulations.gov - Your Voice in Federal Decision Making") before issuing final regulations. Related resources - [Filing tips and updates for gig economy workers (Tax Tip 2026-26)](https://www.irs.gov/newsroom/filing-tips-and-updates-for-gig-economy-workers "Filing tips and updates for gig economy workers") - [The One, Big, Beautiful Bill: What gig economy workers should know (FS-2026-07)](https://www.irs.gov/newsroom/the-one-big-beautiful-bill-what-gig-economy-workers-should-know "The One, Big, Beautiful Bill: What gig economy workers should know") - [Treasury, IRS issue proposed regulations reflecting changes from the One, Big, Beautiful Bill to the threshold for backup withholding on certain payments made through third parties (IR-2026-03)](https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-reflecting-changes-from-the-one-big-beautiful-bill-to-the-threshold-for-backup-withholding-on-certain-payments-made-through-third-parties) - [Form 1099-K FAQ updates (FS-2025-08) PDF](https://www.irs.gov/pub/taxpros/fs-2025-08.pdf "IRS revises and updates Form 1099-K frequently asked questions") ### Employee Retention Credit (ERC) limitation (Section 70605) Overview of the limitation - The One Big, Beautiful Bill Act limits credits and refunds for employee retention credits (ERC) claimed for the third and fourth quarters of 2021 that were filed after Jan. 31, 2024 - IRS FAQs provide general information, including when a claim was timely filed and what appeal rights apply if an ERC claim is disallowed Related resources - [FAQs on Employee Retention Credit compliance (IR-2025-106)](https://www.irs.gov/newsroom/irs-frequently-asked-questions-faqs-address-employee-retention-credits-under-erc-compliance-provisions-of-the-one-big-beautiful-bill "IRS frequently asked questions (FAQs) address Employee Retention Credits under ERC compliance provisions of the One, Big, Beautiful Bill") ## Clean energy Expand all Collapse all ### Clean vehicle credit expirations (Sections 70501, 70502 and 70503) Overview of credit expirations The Act accelerates the end of several clean vehicle credits: - New Clean Vehicle Credit (30D): Not allowed for any vehicle acquired after Sept. 30, 2025 - Used Clean Vehicle Credit (25E): Not allowed for any vehicle acquired after Sept. 30, 2025 - Qualified Commercial Clean Vehicle Credit (45W): The credit will not be allowed for any vehicle acquired after Sept. 30, 2025 Related resources - [Clean energy credit modifications FAQs (FS-2025-05)](https://www.irs.gov/newsroom/faqs-for-modification-of-sections-25c-25d-25e-30c-30d-45l-45w-and-179d-under-public-law-119-21-139-stat-72-july-4-2025-commonly-known-as-the-one-big-beautiful-bill-obbb "FAQs for modification of sections 25C, 25D, 25E, 30C, 30D, 45L, 45W, AND 179D under Public Law 119-21, 139 Stat. 72 (July 4, 2025), commonly known as the One, Big, Beautiful Bill (OBBB)") – Covers modifications to clean energy credits under the One, Big, Beautiful Bill, including sections 25C, 25D, 25E, 30C, 30D, 45L, 45W, and 179D, under Public Law 119-21, 139 Stat. 72 - [New Clean Vehicle Credit (30D)](https://www.irs.gov/clean-vehicle-tax-credits "Clean vehicle tax credits") - [Used Clean Vehicle Credit (25E)](https://www.irs.gov/credits-deductions/used-clean-vehicle-credit "Used Clean Vehicle Credit") - [Qualified Commercial Clean Vehicle Credit (45W)](https://www.irs.gov/credits-deductions/commercial-clean-vehicle-credit "Commercial Clean Vehicle Credit") ### Home energy credit expirations (Sections 70505, 70506 and 70507) Overview of credit expirations The Act accelerates the end of the following home and residential energy credits: - Energy Efficient Home Improvement Credit (25C): Not allowed for any property placed in service after Dec. 31, 2025 - Residential Clean Energy Credit (25D): Not allowed for any expenditures made after Dec. 31, 2025 Related resources - [Clean energy credit modifications FAQs (FS-2025-05)](https://www.irs.gov/newsroom/faqs-for-modification-of-sections-25c-25d-25e-30c-30d-45l-45w-and-179d-under-public-law-119-21-139-stat-72-july-4-2025-commonly-known-as-the-one-big-beautiful-bill-obbb "FAQs for modification of sections 25C, 25D, 25E, 30C, 30D, 45L, 45W, AND 179D under Public Law 119-21, 139 Stat. 72 (July 4, 2025), commonly known as the One, Big, Beautiful Bill (OBBB)") - [Energy Efficient Home Improvement Credit (25C)](https://www.irs.gov/credits-deductions/energy-efficient-home-improvement-credit "Energy Efficient Home Improvement Credit") - [Residential Clean Energy Credit (25D)](https://www.irs.gov/credits-deductions/residential-clean-energy-credit "Residential Clean Energy Credit") ### Clean Electricity Production Credit restrictions (Section 70512) Overview Under the One, Big, Beautiful Bill, electricity-producing qualified facilities, energy storage technologies, or eligible components receiving material assistance from a prohibited foreign entity (PFE) would be ineligible for certain energy tax credits. Related resources - [Guidance for certain energy tax credits regarding material assistance provided by prohibited foreign entities (IR-2025-23)](https://www.irs.gov/newsroom/treasury-irs-provide-guidance-for-certain-energy-tax-credits-regarding-material-assistance-provided-by-prohibited-foreign-entities-under-the-one-big-beautiful-bill "Treasury, IRS provide guidance for certain energy tax credits regarding material assistance provided by prohibited foreign entities under the One, Big, Beautiful Bill") - [Notice 2026-15 PDF](https://www.irs.gov/pub/irs-drop/n-26-15.pdf "Notice 2026-15"), Guidance to Apply Interim Safe Harbors for Purposes of Determining a Taxpayer’s Material Assistance from a Prohibited Foreign Entity; Other Prohibited Foreign Entity Guidance ### Carbon Oxide Sequestration Credit (Section 70522) Overview of the new guidance - Explains how taxpayers can qualify for the credit - Applies to qualified carbon oxide captured and stored securely underground - Covers activities that occur during calendar year 2025 - Provides safe harbor method for reporting and certification Related resources - [Treasury, IRS provide safe harbor for taxpayers claiming the carbon capture credit (IR-2025-122)](https://www.irs.gov/newsroom/treasury-irs-provide-safe-harbor-for-taxpayers-claiming-the-carbon-capture-credit "Treasury, IRS provide safe harbor for taxpayers claiming the carbon capture credit") - [Notice 2026-01 PDF](https://www.irs.gov/pub/irs-drop/n-26-01.pdf), Safe Harbor for the Credit for Carbon Oxide Sequestration under Section 45Q for Qualified Carbon Oxide Disposed of in Secure Geological Storage in Calendar Year 2025 ### Extension and modification of clean fuel production credit (Section 70521) The One Big Beautiful Bill brings significant changes to the Section 45Z Clean Fuel Production Credit. Key Takeaways: - The Section 45Z clean fuel production credit is extended and available for fuel sold before January 1, 2030. - For any transportation fuel produced after December 31, 2025, the applicable amount is either \$0.20 or \$1.00. - Transportation fuel produced after December 31, 2025, must be exclusively derived from a feedstock that was produced or grown in the United States, Mexico, or Canada. - Emissions Rates: - Negative emissions rates are prohibited for fuels produced after December 31, 2025, unless they are derived from animal manure feedstocks. Distinct emissions rates will be provided with respect to such fuel based on the specific animal manure feedstock. - Emissions rates for fuels produced after December 31, 2025, exclude emissions rates attributable to indirect land use change. - For fuels produced after December 31, 2025, the Section 45Z credit cannot be claimed for fuels produced from a different transportation fuel. - The Section 45Z credit cannot be taken by: - (i) a specified foreign entity, for taxable years beginning after July 4, 2025; or - (ii) a foreign-influenced entity (other than a foreign-influenced entity described in section 7701(a)(51)(D)(i)(II)), for taxable years beginning after July 4, 2027. - Transfer of the section 45Z credit is still allowed, but not to specified foreign entities. - Sustainable Aviation Fuel (SAF): - The Section 6426(k) credit for SAF mixtures will no longer apply to any sale or use for any period after September 30, 2025. - The Section 45Z credit for SAF is reduced to the same applicable amounts for other transportation fuels (\$.20 or \$1.00/gallon) for fuel sold after December 31, 2025. - Small Agri-biodiesel Producer Credit: - For fuel sold or used after June 30, 2025, a small agri-biodiesel producer can elect to transfer all or a portion of the credit to an unrelated third-party buyer under IRC 6418. Producers who wish to transfer eligible credits must first complete a mandatory pre-filing registration. - For fuel sold or used after June 30, 2025, the qualified agri-biodiesel fuel must be exclusively derived from feedstock that was produced or grown in the United States, Canada or Mexico. - For fuel sold or used from January 1, 2025, through June 30, 2025, the credit is \$.10 per gallon. For fuel sold or used after June 30, 2025, but before January 1, 2027, the rate increased to \$.20 per gallon. - The small agri-biodiesel producer credit for any gallon of fuel is in addition to any Section 45Z credit determined with respect to such gallon of fuel. Related resource - [Proposed regulations on the Clean Fuel Production Credit (IR-2026-20)](https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-on-the-clean-fuel-production-credit-under-the-one-big-beautiful-bill "Treasury, IRS issue proposed regulations on the clean fuel production credit under the One, Big, Beautiful Bill ") ## Investment and community development Expand all Collapse all ### Rural Opportunity Zones (Section 70421) Overview of Opportunity Zones - In 2018, certain economically distressed census tracts in the United States and its territories were designated as Qualified Opportunity Zones (QOZs) by the Treasury Department - Taxpayers investing in QOZs receive certain tax benefits as an incentive to support economic growth and job creation in these underserved communities Rural area definition under the One, Big, Beautiful Bill Act - A rural area is any area other than a city or town with a population greater than 50,000, and any urbanized area contiguous and adjacent to such a city or town - This definition applies to states, the District of Columbia and U.S. territories Changes to substantial improvement requirements - Beginning July 4, 2025, The Act reduced the substantial improvement threshold from 100 percent to 50 percent for required additions to the basis for property located entirely in rural QOZs Related resources - [Guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill (IR-2026-45)](https://www.irs.gov/newsroom/treasury-irs-provide-guidance-to-states-for-nominating-census-tracts-as-qualified-opportunity-zones-under-the-one-big-beautiful-bill "Treasury, IRS provide guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill") - [IRS Opportunity Zones guidance makes investments in rural areas more attractive for real estate investors (Ready-to-use article, Jan. 21, 2026)](https://www.irs.gov/newsroom/irs-opportunity-zones-guidance-makes-investments-in-rural-areas-more-attractive-for-real-estate-investors "IRS Opportunity Zones guidance makes investments in rural areas more attractive for real estate investors") - [Enhanced tax incentives for Qualified Opportunity Zone investments in rural areas (IRS Tax Tip 2026-04)](https://www.irs.gov/newsroom/enhanced-tax-incentives-for-qualified-opportunity-zone-investments-in-rural-areas "Enhanced tax incentives for Qualified Opportunity Zone investments in rural areas") - [Rural Opportunity Zone investment guidance (IR-2025-96)](https://www.irs.gov/newsroom/treasury-irs-provide-guidance-for-opportunity-zone-investments-in-rural-areas-under-the-one-big-beautiful-bill "Treasury, IRS provide guidance for Opportunity Zone investments in rural areas under the One, Big, Beautiful Bill") - [Qualified Opportunity Zones](https://www.irs.gov/credits-deductions/businesses/opportunity-zones "Opportunity zones") ### Tax benefit for agricultural and rural lending (Section 70435) Overview of the tax benefit - A new provision, Internal Revenue Code Section 139L, allows eligible lenders to exclude 25% of interest income from federal taxable income - The benefit applies only to interest earned on qualifying loans - Lenders must still include the remaining 75% of interest income in taxable income Who qualifies The benefit is available to qualified lenders, which generally include: - U.S. banks and savings associations - Certain regulated insurance companies - Farm Credit System institutions - Other lenders that meet IRS eligibility requirements What counts as a qualified loan To qualify for the tax benefit, a loan must: - Be secured by farm or rural real property - Involve property primarily used for agricultural or rural purposes - Be made on or after July 4, 2025 - Be secured by the property itself (not based only on how loan funds are used) The guidance also explains how refinanced loans and property value limits are handled. Call for comments The IRS is requesting public comments on this guidance through [www.regulations.gov](https://www.regulations.gov/ "Regulations.gov - Your Voice in Federal Decision Making") or by mail. Final regulations will be issued after the comment period. Related resources - [Tax benefit for lenders on loans secured by farm or rural property (IR-2025-113)](https://www.irs.gov/newsroom/treasury-irs-issue-guidance-on-tax-benefit-for-lenders-on-loans-secured-by-farm-or-rural-property-under-the-one-big-beautiful-bill "Treasury, IRS issue guidance on tax benefit for lenders on loans secured by farm or rural property under the One, Big, Beautiful Bill ") ### Treatment of capital gains from the sale of certain farmland property (Section 70437) Overview of the tax benefit - For tax years beginning after July 4, 2025, taxpayers can elect to pay the net income tax attributable to the gain from the sale or exchange of qualified farmland property to a qualified farmer (qualified sale or exchange) in four equal annual installments. - The first installment payment is due on the due date (without extension) of the return for the year of the qualified sale or exchange. - Available to both individuals and business entities. If a partnership or S corporation has a qualified sale or exchange, then the election is made at the partner or shareholder level. Definition of qualified farmland property - Qualified farmland property is defined as real property located in the United States that has been used by the taxpayer either as a farm for farming purposes or leased by the taxpayer to a qualified farmer for farming purposes. - The property must have been used or leased by the taxpayer during substantially all of the 10-year period ending on the date of the qualified sale or exchange. - The property must be subject to a covenant or other legally enforceable restriction which prohibits the use of such property other than as a farm for farming purposes for 10 years after the date of the qualified sale or exchange. Definition of qualified farmer - As noted, the purchaser must be a qualified farmer, which is any individual who is actively engaged in farming (within the meaning of 7 U.S.C. §§ 1308-1(b) and (c)). Related resources - IRC section 1062, Gain from the Sale or Exchange of Qualified Farmland Property to Qualified Farmers - [Notice 2026-03 PDF](https://www.irs.gov/pub/irs-drop/n-26-03.pdf), Relief from Additions to Tax under Sections 6654 and 6655 for Underpayment of Estimated Income Tax by Taxpayers Making an Election under Section 1062 - [Agriculture Tax Center](https://www.irs.gov/businesses/small-businesses-self-employed/agriculture-tax-center) ## Tax-exempt entities and charitable giving Expand all Collapse all ### Indian tribal governments and the Adoption Credit (Section 70403) Overview of the change - The Act recognizes Indian tribal governments for purposes of determining whether a child has special needs for the adoption tax credit - Provides parity with state governments, by giving tribal governments the same ability to determine whether a child has special needs for purposes of the adoption tax credit Related resources - [FAQs issued about general refundability and recognizing Indian tribal governments for purposes of making a special needs determination for the Adoption Tax Credit (IR-2026-27)](https://www.irs.gov/newsroom/treasury-irs-issue-faqs-about-general-refundability-and-recognizing-indian-tribal-governments-for-purposes-of-making-a-special-needs-determination-for-the-adoption-tax-credit "Treasury, IRS issue FAQs about general refundability and recognizing Indian tribal governments for purposes of making a special needs determination for the Adoption Tax Credit") - [Q\&As about Refundability and Recognizing Indian Tribal Governments for Purposes of Making a Special Needs Determination for the Adoption Tax Credit (FS-2026-03)](https://www.irs.gov/newsroom/questions-and-answers-about-refundability-and-recognizing-indian-tribal-governments-for-purposes-of-making-a-special-needs-determination-for-the-adoption-tax-credit "Questions and Answers about Refundability and Recognizing Indian Tribal Governments for Purposes of Making a Special Needs Determination for the Adoption Tax Credit") - [Tax information for Indian tribal governments](https://www.irs.gov/government-entities/indian-tribal-governments "Indian tribal governments") ### Federal Scholarship Tax Credit for Donations to Scholarship Granting Organizations (Section 70411) Overview of the federal scholarship tax credit (FSTC) - Beginning January 1, 2027, individual taxpayers may be able to claim an FSTC for certain cash contributions of up to \$1700 to Scholarship Granting Organizations (SGOs) - An SGO is a charity that awards scholarships to help students pay for certain elementary and secondary educational expenses - SGOs must meet other requirements, including being on a list of qualifying SGOs provided to the IRS - The tax credit is nonrefundable, which means it can reduce a taxpayer’s federal tax bill but will not result in a refund if the credit is larger than what the taxpayer owes (any excess credit generally can be carried forward for up to 5 years) Important details - A state or the District of Columbia (state) must choose to participate in the FSTC and provide a list of SGOs in that state to the IRS before an individual taxpayer can donate to an SGO within that state and claim the FSTC - The IRS allowed states to make an advance election to participate in the FSTC (see “Related resources”); a list of states that have made an advance election can be found on the [electing states](https://www.irs.gov/government-entities/federal-state-local-governments/federal-scholarship-tax-credit-fstc "Federal Scholarship Tax Credit (FSTC)") page - All participating states, including those that make an advance election, must annually provide the IRS, by January 1 of the calendar year, with a list of qualifying SGOs in their state - For 2027, that list must be provided by January 1, 2027 or as early as practicable - The Treasury Department and the IRS intend to issue proposed regulations to provide further guidance on the FSTC this year Related resources - [States can make an Advance Election to participate in the new federal tax credit for individual contributions to SGOs (IR-2025-121)](https://www.irs.gov/newsroom/treasury-irs-allow-states-to-make-an-advance-election-to-participate-in-the-new-federal-tax-credit-for-individual-contributions-to-scholarship-granting-organizations-under-the-one-big-beautiful-bill "Treasury, IRS allow States to make an Advance Election to participate in the new federal tax credit for individual contributions to Scholarship Granting Organizations under the One, Big, Beautiful Bill") ## Other taxes Expand all Collapse all ### Domestic research or experimental expenditures (Section 70302) Overview of the tax benefit - For taxable years beginning after December 31, 2024, taxpayers may deduct domestic research or experimental expenditures which are paid or incurred by the taxpayer during the taxable year. Alternatively, taxpayers may elect to capitalize and take an amortization deduction for domestic research or experimental expenditures over a period of no less than 60 months, beginning in the month in which the taxpayer first realizes benefits from such expenditures. Expenditures for the acquisition or improvement of land or depreciable or depletable property are not eligible. - Taxpayers may not currently deduct foreign research or experimental expenditures but may capitalize and amortize them ratably over a 15-year period beginning with the midpoint of the taxable year in which such expenditures are paid or incurred. - Transition rules and selection procedures are available as outlined in Revenue Procedure 2025-28. Related resources - IRC section 174A, Domestic Research or Experimental Expenditures - IRC section 174, Amortization of Research and Experimental Expenditures - [Revenue Procedures 2025-28 PDF](https://www.irs.gov/pub/irs-drop/n-26-03.pdf "N-26-03"), Changes in accounting periods and in methods of accounting ### Dyed Fuel Claims (Section 70525) Overview of the new claim The Act creates a claim for payment, without interest, equal to the federal excise tax previously paid on clear diesel fuel or kerosene that is later indelibly dyed and removed at a terminal for a nontaxable use. Claim requirements Applies to eligible dyed diesel fuel and kerosene removed on or after Dec. 31, 2025. Eligible fuel includes: - Previously taxed fuel (that was not credited or refunded), - Indelibly dyed by mechanical injection, and - Removed from an approved terminal for a nontaxable use Important details - Guidance on the process for submitting claims will be issued in early 2026 - The forthcoming guidance will enable refunds to taxpayers that paid the tax on the dyed fuel to which the claim relates - Do not file claims until guidance is issued; the IRS will not process any claims until that time Related resources - [Announcement 2026-01 PDF](https://www.irs.gov/pub/irs-drop/a-26-01.pdf), Claims under § 6435 for Tax Paid on Dyed Fuel - [Forthcoming guidance on recovering excise tax paid on dyed fuel (IR-2025-125)](https://www.irs.gov/newsroom/treasury-irs-announce-forthcoming-guidance-on-a-new-method-for-recovering-federal-excise-tax-paid-on-dyed-fuel-established-under-the-one-big-beautiful-bill "Treasury, IRS announce forthcoming guidance on a new method for recovering federal excise tax paid on dyed fuel established under the One, Big, Beautiful Bill ") ### Excise tax on certain remittance transfers (Section 70604) Overview of the excise tax Beginning Jan. 1, 2026, remittance transfer providers must: - Collect the 1% excise tax on applicable remittance transactions when the sender pays with cash, a money order, a cashier’s check, or a similar physical instrument - Make semimonthly deposits - File quarterly returns with the IRS Important details - The first semimonthly deposit is due Jan. 29, 2026 - Treasury and the IRS will provide limited penalty relief. This relief applies for the first three quarters of 2026 under Treasury and IRS guidance. Providers may avoid deposit penalties if they make timely deposits (even if the amount is later adjusted) and pay any underpayment by the due date of the applicable quarterly return (Form 720). Safe-harbor rules under excise-tax regulations may also apply Related resources - [Proposed regulations on the new remittance transfer tax (IR-2026-48)](https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-on-the-new-remittance-transfer-tax-established-under-the-one-big-beautiful-bill "Treasury, IRS issue proposed regulations on the new remittance transfer tax established under the One, Big, Beautiful Bill") - [Notice 2025-55, Relief from Penalty for Failure to Deposit Remittance Excise Tax (PDF) PDF](https://www.irs.gov/pub/irs-drop/n-25-55.pdf) - [Penalty relief for remittance transfer providers (IR-2025-102)](https://www.irs.gov/newsroom/treasury-irs-provide-penalty-relief-for-remittance-transfer-providers-who-fail-to-deposit-excise-tax-under-the-one-big-beautiful-bill "Treasury, IRS provide penalty relief for remittance transfer providers who fail to deposit excise tax under the One, Big, Beautiful Bill") ## Resources and guidance Expand all Collapse all ### News releases - [One, Big, Beautiful Bill news](https://www.irs.gov/newsroom/one-big-beautiful-bill-news "One, Big, Beautiful Bill news") - [Final regulations listing occupations where workers customarily and regularly receive tips (IR-2026-49)](https://www.irs.gov/newsroom/treasury-irs-issue-final-regulations-listing-occupations-where-workers-customarily-and-regularly-receive-tips-under-the-one-big-beautiful-bill "Treasury, IRS issue final regulations listing occupations where workers customarily and regularly receive tips under the One, Big, Beautiful Bill") - [Proposed regulations on the new remittance transfer tax (IR-2026-48)](https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-on-the-new-remittance-transfer-tax-established-under-the-one-big-beautiful-bill "Treasury, IRS issue proposed regulations on the new remittance transfer tax established under the One, Big, Beautiful Bill") - [Guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill (IR-2026-45)](https://www.irs.gov/newsroom/treasury-irs-provide-guidance-to-states-for-nominating-census-tracts-as-qualified-opportunity-zones-under-the-one-big-beautiful-bill "Treasury, IRS provide guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill") - [4 million children have been signed up for Trump Accounts with 1 million claiming the \$1,000 pilot program contribution (IR-2026-42)](https://www.irs.gov/newsroom/4-million-children-have-been-signed-up-for-trump-accounts-with-1-million-claiming-the-1000-pilot-program-contribution "4 million children have been signed up for Trump Accounts with 1 million claiming the $1,000 pilot program contribution") - [Updated Tax Withholding Estimator lets millions of taxpayers take One, Big, Beautiful Bill changes into account when calculating their withholding (IR-2026-35)](https://www.irs.gov/newsroom/updated-tax-withholding-estimator-lets-millions-of-taxpayers-take-one-big-beautiful-bill-changes-into-account-when-calculating-their-withholding "Updated Tax Withholding Estimator lets millions of taxpayers take One, Big, Beautiful Bill changes into account when calculating their withholding") ### Fact sheets - [How to spot fake tax deduction calculators exploiting the new tax law (FS-2026-09)](https://www.irs.gov/newsroom/how-to-spot-fake-tax-deduction-calculators-exploiting-the-new-tax-law-under-the-one-big-beautiful-bill "How to spot fake tax deduction calculators exploiting the new tax law under the One, Big, Beautiful Bill ") - [Tax scams to watch for (FS-2026-08)](https://www.irs.gov/newsroom/tax-scams-to-watch-for-related-to-the-one-big-beautiful-bill "Tax scams to watch for related to the One, Big, Beautiful Bill") - [The One, Big, Beautiful Bill: What gig economy workers should know (FS-2026-07)](https://www.irs.gov/newsroom/the-one-big-beautiful-bill-what-gig-economy-workers-should-know "The One, Big, Beautiful Bill: What gig economy workers should know") - [IRS reminds taxpayers: Watch out for preparers promising quick cash, fast refunds (FS-2026-06)](https://www.irs.gov/newsroom/irs-reminds-taxpayers-watch-out-for-preparers-promising-quick-cash-fast-refunds-under-new-one-big-beautiful-bill-tax-changes "IRS reminds taxpayers: Watch out for preparers promising quick cash, fast refunds under new One, Big, Beautiful Bill tax changes") - [What you will need to file your taxes under the One, Big, Beautiful Bill (FS-2026-05)](https://www.irs.gov/newsroom/what-you-will-need-to-file-your-taxes-under-the-one-big-beautiful-bill "What you will need to file your taxes under the One, Big, Beautiful Bill") - [Schedule 1-A, Additional Deductions: What to know about the new form (FS-2026-04)](https://www.irs.gov/newsroom/schedule-1-a-additional-deductions-what-to-know-about-the-new-form "Schedule 1-A, Additional Deductions: What to know about the new form ") - [Tax deductions for workers and seniors (FS-2025-03)](https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors "One, Big, Beautiful Bill Act: Tax deductions for working Americans and seniors") ### Tax tips - [One, Big, Beautiful Bill tax tips](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions-tax-tips "One, Big, Beautiful Bill provisions tax tips") - [Filing tips and updates for gig economy workers (Tax Tip 2026-26)](https://www.irs.gov/newsroom/filing-tips-and-updates-for-gig-economy-workers "Filing tips and updates for gig economy workers") - [Taxpayers could see a change in their 2025 tax bill or refund (Tax Tip 2026-20)](https://www.irs.gov/newsroom/taxpayers-could-see-a-change-in-their-2025-tax-bill-or-refund "Taxpayers could see a change in their 2025 tax bill or refund") - [Tax benefits for parents and families (Tax Tip 2026-17)](https://www.irs.gov/newsroom/tax-benefits-for-parents-and-families "Tax benefits for parents and families") - [2026 filing season updates and resources for seniors (Tax Tip 2026-14)](https://www.irs.gov/newsroom/2026-filing-season-updates-and-resources-for-seniors "2026 filing season updates and resources for seniors") - [New and enhanced deductions for individuals (Tax Tip 2026-12)](https://www.irs.gov/newsroom/new-and-enhanced-deductions-for-individuals "New and enhanced deductions for individuals") ### Ready-to-use articles - [One, Big, Beautiful Bill ready-to-use articles](https://www.irs.gov/newsroom/tax-articles-to-share#one-big-beautiful-bill "Tax articles to share") - [Notable changes to the Adoption Credit (Ready-to-use article, April 1, 2026)](https://www.irs.gov/newsroom/notable-changes-to-the-adoption-credit "Notable changes to the Adoption Credit") - [Tax Withholding Estimator now reflects changes under the One, Big, Beautiful Bill (Ready-to-use-article, March 18, 2026)](https://www.irs.gov/newsroom/tax-withholding-estimator-now-reflects-changes-under-the-one-big-beautiful-bill "Tax Withholding Estimator now reflects changes under the One, Big, Beautiful Bill") - [What to know about the No Tax on Overtime deduction (Ready-to-use article, March 5, 2026)](https://www.irs.gov/newsroom/what-to-know-about-the-no-tax-on-overtime-deduction "What to know about the No Tax on Overtime deduction") - [What the “No Tax on Tips” deduction means for you (Ready-to-use article, March 5, 2026)](https://www.irs.gov/newsroom/what-the-no-tax-on-tips-deduction-means-for-you "What the “No Tax on Tips” deduction means for you") - [Check your eligibility for the new enhanced deduction for seniors (Ready-to-use article, Feb. 27, 2026)](https://www.irs.gov/newsroom/check-your-eligibility-for-the-new-enhanced-deduction-for-seniors "Check your eligibility for the new enhanced deduction for seniors") - [IRS Opportunity Zones guidance makes investments in rural areas more attractive for real estate investors (Ready-to-use article, Jan. 21, 2026)](https://www.irs.gov/newsroom/irs-opportunity-zones-guidance-makes-investments-in-rural-areas-more-attractive-for-real-estate-investors "IRS Opportunity Zones guidance makes investments in rural areas more attractive for real estate investors") ### Frequently asked questions - [One, Big, Beautiful Bill frequently asked questions](https://www.irs.gov/newsroom/one-big-beautiful-bill-frequently-asked-questions) - [Questions and answers about Refundability and Recognizing Indian Tribal Governments for Purposes of Making a Special Needs Determination for the Adoption Tax Credit (FS-2026-03)](https://www.irs.gov/newsroom/questions-and-answers-about-refundability-and-recognizing-indian-tribal-governments-for-purposes-of-making-a-special-needs-determination-for-the-adoption-tax-credit "Questions and Answers about Refundability and Recognizing Indian Tribal Governments for Purposes of Making a Special Needs Determination for the Adoption Tax Credit") - [Questions and answers about the new deduction for qualified overtime compensation (FS-2026-01)](https://www.irs.gov/newsroom/questions-and-answers-about-the-new-deduction-for-qualified-overtime-compensation) - [Updates to Questions and Answers about the Premium Tax Credit (FS-2025-10) PDF](https://www.irs.gov/pub/taxpros/fs-2025-10.pdf "Updates to Questions and Answers about the Premium Tax Credit") - [Questions and answers about the limitation on the deduction for business interest expense (FS-2025-09) PDF](https://www.irs.gov/pub/taxpros/fs-2025-09.pdf "Questions and answers about the limitation on the deduction for business interest expense") - [Form 1099-K FAQ updates (FS-2025-08) PDF](https://www.irs.gov/pub/taxpros/fs-2025-08.pdf "IRS revises and updates Form 1099-K frequently asked questions") ### Notices - [One, Big, Beautiful Bill notices](https://www.irs.gov/newsroom/one-big-beautiful-bill-notices "One, Big, Beautiful Bill notices") - [Notice 2026-15 PDF](https://www.irs.gov/pub/irs-drop/n-26-15.pdf "Notice 2026-15"), Guidance to Apply Interim Safe Harbors for Purposes of Determining a Taxpayer’s Material Assistance from a Prohibited Foreign Entity; Other Prohibited Foreign Entity Guidance - [Notice 2026-11 PDF](https://www.irs.gov/pub/irs-drop/n-26-11.pdf "Notice-26-11"), Interim Guidance on Additional First Year Depreciation Deduction under § 168(k) - [Notice 2026-05 PDF](https://www.irs.gov/pub/irs-drop/n-26-05.pdf), Expanded Availability of Health Savings Accounts under the One, Big, Beautiful Bill Act (OBBA) - [Notice 2026-03 PDF](https://www.irs.gov/pub/irs-drop/n-26-03.pdf), Relief from Additions to Tax under Sections 6654 and 6655 for Underpayment of Estimated Income Tax by Taxpayers Making an Election under Section 10 - [Notice 2026-01 PDF](https://www.irs.gov/pub/irs-drop/n-26-01.pdf), Safe Harbor for the Credit for Carbon Oxide Sequestration under Section 45Q for Qualified Carbon Oxide Disposed of in Secure Geological Storage in Calendar Year 2025 ### Announcements - [Announcement 2026-01 PDF](file:///C:/pub/irs-drop/a-26-01.pdf), Claims under § 6435 for Tax Paid on Dyed Fuel ### Revenue procedures - [Revenue Procedure 2026-6, 26 CFR 601.601: Rules and regulations PDF](https://www.irs.gov/pub/irs-drop/rp-26-06.pdf "rp-26-06") - [Rev. Proc. 2025-32, 26 CFR 601.602, Tax Forms and Instructions PDF](https://www.irs.gov/pub/irs-drop/rp-25-32.pdf) Page Last Reviewed or Updated: 15-Apr-2026 - [Share](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions) - [Facebook](https://www.irs.gov/#facebook) - [Twitter](https://www.irs.gov/#twitter) - [Linkedin](https://www.irs.gov/#linkedin) - Print ## Footer Navigation - Our Agency - [About IRS](https://www.irs.gov/about-irs) - [Careers](https://jobs.irs.gov/) - [Operations and Budget](https://www.irs.gov/statistics/soi-tax-stats-irs-operations-and-budget) - [Tax Statistics](https://www.irs.gov/statistics) - [Help](https://www.irs.gov/help/let-us-help-you) - [Find a Local Office](https://www.irs.gov/help/contact-your-local-irs-office) - Know Your Rights - [Taxpayer Bill of Rights](https://www.irs.gov/taxpayer-bill-of-rights) - [Taxpayer Advocate Service](https://www.irs.gov/taxpayer-advocate) - [Independent Office of Appeals](https://www.irs.gov/appeals) - [Civil Rights](https://www.irs.gov/about-irs/protecting-taxpayer-civil-rights) - [FOIA](https://www.irs.gov/privacy-disclosure/irs-freedom-of-information) - [No FEAR Act Data](https://home.treasury.gov/footer/no-fear-act) - [Reliance on Guidance](https://www.irs.gov/newsroom/general-overview-of-taxpayer-reliance-on-guidance-published-in-the-internal-revenue-bulletin-and-faqs) - Resolve an Issue - [IRS Notices and Letters](https://www.irs.gov/individuals/understanding-your-irs-notice-or-letter) - [Identity Theft](https://www.irs.gov/identity-theft-central) - [Tax scams](https://www.irs.gov/help/tax-scams) - [Tax Fraud](https://www.irs.gov/compliance/criminal-investigation/tax-fraud-alerts) - [Criminal Investigation](https://www.irs.gov/compliance/criminal-investigation) - [Whistleblower Office](https://www.irs.gov/compliance/whistleblower-office) - Languages - [Español](https://www.irs.gov/es) - [中文 (简体)](https://www.irs.gov/zh-hans) - [中文 (繁體)](https://www.irs.gov/zh-hant) - [한국어](https://www.irs.gov/ko) - [Pусский](https://www.irs.gov/ru) - [Tiếng Việt](https://www.irs.gov/vi) - [Kreyòl ayisyen](https://www.irs.gov/ht) - [English](https://www.irs.gov/) - Related Sites - [U.S. Treasury](https://www.treasury.gov/) - [Treasury Inspector General for Tax Administration](https://www.treasury.gov/tigta/) - [USA.gov](https://www.usa.gov/) - [USAspending.gov](https://www.usaspending.gov/) - [Vote.gov](https://vote.gov/) [![Home](https://www.irs.gov/themes/custom/pup_base/IRS-Logo.svg)](https://www.irs.gov/) ## Subfooter - [Privacy Policy](https://www.irs.gov/privacy-disclosure/irs-privacy-policy) - [Accessibility](https://www.irs.gov/accessibility) ✓ Thanks for sharing\! [AddToAny](https://www.addtoany.com/ "Share Buttons") [More…](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#addtoany "Show all")
Readable Markdown	The [One, Big, Beautiful Bill Act](https://www.congress.gov/bill/119th-congress/house-bill/1/text) significantly affects federal taxes, credits and deductions. It was signed into law on July 4, 2025, as Public Law 119-21. ## On this page - [Individuals and workers](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#individuals) - [Families and dependents](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#families) - [Healthcare](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#healthcare) - [Businesses](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#businesses) - [Clean energy](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#cleanenergy) - [Investment and community development](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#investment) - [Tax-exempt entities and charitable giving](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#taxexempt) - [Other taxes](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#other) - [Resources and guidance](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions#resources) ## Individuals and workers View [tax provisions affecting individuals and workers in the One, Big, Beautiful Bill](https://www.irs.gov/newsroom/one-big-beautiful-bill-provisions-individuals-and-workers). ## Families and dependents ### ### ## Healthcare ### ### ## Businesses ### ### ### ### ## Clean energy ### ### ### ### ### ## Investment and community development ### ### ### ## Tax-exempt entities and charitable giving ### ### ## Other taxes ### ### ### ## Resources and guidance ### ### ### ### ### ### ### ###
Shard	119 (laksa)
Root Hash	796284942891862319
Unparsed URL	gov,irs!www,/newsroom/one-big-beautiful-bill-provisions s443