02/02/2026
What we are seeing so far:
-Overtime deduction against adjusted gross income (federal) are not being properly printed on your W-2s, please find that total out most likely from your last pay stub. It is a great deduction $12,500 single, $25,000 married filing joint (with income limits).
-Tips collected deduction is another great deduction in the same manner but usually showing up on your W-2s.
-Car loan interest - must have bought during 2025 and have VIN number, make, model/type, need to get your interest paid during the year.
-Most other items that affect the majority of our clients are the standard deductions and child tax credits which have increased.
Please be prepared and ask these questions before preparation. We have had to go back and fix ones that were already prepared and that costs you more money. We look forward to working with you.