How much will the OBBA save me in New York?

For a typical household earning $75,000, we estimate an annual tax savings of roughly $1,016.

How does the new 10% bracket work?

The OBBA expands the 10% bracket, meaning income that was previously taxed at 12% is now taxed at 10%, lowering your effective rate.

What is the new Standard Deduction for 2025?

Under OBBA, the Standard Deduction is projected to rise to $20,000, shielding more of your income from any tax at all.

Who benefits most from the OBBA in New York?

Households earning between $50k and $150k typically see the largest percentage drop in their tax liability.

2025 OBBA Tax Calculator for New York, New York

Q: Does the new bill affect New York state taxes?

No, OBBA is a federal statute. However, Since New York has a progressive income tax structure, the federal savings from OBBA help offset your local tax burden, effectively lowering your overall effective tax rate.

Total Savings

The "Savings" Scorecard

The verdict is in. Under the One Big Beautiful Bill Act (OBBA), a household in New York earning $75,000 will see an estimated tax reduction of $1,016. This effectively acts as a $1,016 annual raise starting July 4, 2025.

New Bracket

Inside the 10% Bracket

The core feature of OBBA is the expansion of the 10% Bracket. Previously, your income over $11,600 was taxed at 12%. Now, a significantly larger portion of your earnings stays in the 10% bucket, directly putting more cash into your bi-weekly paycheck.

Local Bonus

The New York Multiplier

Living in New York makes this cut even more valuable. Since New York has a progressive income tax structure, the federal savings from OBBA help offset your local tax burden, effectively lowering your overall effective tax rate.

Inflation Shield

Standard Deduction Boost

OBBA didn't just cut rates; it raised the Standard Deduction to combat inflation. For New York residents, this means the first $20,000 you earn is completely tax-free, protecting your purchasing power against rising local prices.

Verdict

Are You a "Winner"?

Who wins the most in New York? The math shows that New York households earning between $50k and $150k see the highest percentage reduction in liability. Your projected savings place you squarely in this 'Winner's Circle'.

Frequently Asked Questions (FAQ)

Tools & Data Verified by the EverydayCalculators Financial Research Team.

Last updated: December 2025.

OBBA Tax Calculator for New York, New York