Tax Reform See How Tax Changes Impact You with the Tax Reform Calculator Read the Article Open Share Drawer Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to print (Opens in new window) Print Written by TurboTaxBlogTeam Published Jul 3, 2025 1 min read Reviewed by Lisa Greene-Lewis, CPA and tax expert for TurboTax The impact of the One Big Beautiful Bill on your taxes depends on your unique situation. We’ve analyzed the bill to help you understand what it means for you — from single filers, business owners, families, retirees, investors, homeowners, and more, we’ve examined a variety of tax situations to help you estimate your potential tax savings and get a clearer picture of how the new tax law changes may affect your refund. With our calculator, you can: Estimate your tax benefits and savings under the new tax law Understand how different tax provisions affect your refund Make informed decisions about your tax strategy With these changes to the tax landscape, impact varies depending on factors such as income level, filing status, and deductions. Here are some key terms mentioned in the bill to help you understand the provisions that are included. [BBB Provision Glossary Section] TurboTax is here to help you navigate the new tax law changes and maximize your refund. Whether you prefer to file yourself or get expert guidance, we’ve got you covered. With TurboTax Live, you can connect with a local expert who understands your unique needs. Previous Post Understanding Your Withholding Allowance on Your Form W-4 Written by TurboTaxBlogTeam More from TurboTaxBlogTeam Comments are closed. Browse Related Articles Life 5 Ways to Strengthen Your Financial Foundation Life The End of Pennies: Understanding the Financial Shifts Ahead Investments Values-Based Investing: How to Get Started with ESG Tax News Georgia State Surplus Tax Refund: Everything You Need to Know About the Rebate Life To Rent or to Own: The Ultimate House Debate Life Smart Shopping This Summer: Saving on Goods and Cars Latest News Arkansas Champions NIL State Tax Exemptions: What This Means for Student-Athletes and Schools Tax Tips TurboTax Up to 5-Day Early Refund Option: What You Need to Know Tax Help How to File a Business Tax Extension: Deadlines, Forms, and Penalties Tax Tips The White Lotus Tax Lessons: Navigating Gift Taxes, Lump Sum Payouts, Hush Money, and the IRS