Here’s How the One Big Beautiful Bill Will Impact Tax Returns in Every State
How might next year’s tax season unfold taking the One Big Beautiful Bill Act (OBBBA) in consideration? According to a new report from SmartAsset, most high cost-of-living states are expected to save thousands annually through OBBBA’s individual tax provisions.
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SmartAsset used eight OBBBA provisions to calculate the expected value every state may anticipate in the upcoming tax years. Five states — California, Oregon, Massachusetts, Connecticut and Hawaii — are expected to save more than $2,000 annually.
View what your state’s total expected value may look like as well as the savings per tax return below. Also check out why workers in New York, Texas and Wyoming stand to benefit most from the Trump administration’s OBBBA.
Sundry Photography / Getty Images/iStockphoto
Total expected value: $2,293
Savings per tax return using standard deduction: $182.77
Savings per tax return using itemization: $5,221
Average savings per senior: $1,386.60
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Shunyu Fan / Getty Images/iStockphoto
Total expected value: $2,227
Savings per tax return using standard deduction: $194.73
Savings per tax return using itemization: $5,502
Average savings per senior: $1,131.84
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DenisTangneyJr / Getty Images/iStockphoto
Total expected value: $2,150
Savings per tax return using standard deduction: $190.19
Savings per tax return using itemization: $5,507
Average savings per senior: $1,110.96
f11photo / iStock.com
Total expected value: $2,125
Savings per tax return using standard deduction: $192.41
Savings per tax return using itemization: $5,495
Average savings per senior: $1,386.60
Missing35mm / Getty Images
Total expected value: $2,078
Savings per tax return using standard deduction: $194.16
Savings per tax return using itemization: $5,521
Average savings per senior: $1,388.04
DenisTangneyJr / Getty Images
Total expected value: $1,896
Savings per tax return using standard deduction: $188.18
Savings per tax return using itemization: $5,339
Average savings per senior: $1,387.08
Kyle Little / iStock.com
Total expected value: $1,755
Savings per tax return using standard deduction: $192.44
Savings per tax return using itemization: $5,383
Average savings per senior: $1,134
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Alex Potemkin / Getty Images
Total expected value: $1,741
Savings per tax return using standard deduction: $187.79
Savings per tax return using itemization: $5,510
Average savings per senior: $970.56
DenisTangneyJr / Getty Images
Total expected value: $1,722
Savings per tax return using standard deduction: $197.55
Savings per tax return using itemization: $5,586
Average savings per senior: $1,150.56
sborisov / Getty Images/iStockphoto
Total expected value: $1,712
Savings per tax return using standard deduction: $170.26
Savings per tax return using itemization: $2,945
Average savings per senior: $1,386
Christa Boaz / Getty Images
Total expected value: $1,698
Savings per tax return using standard deduction: $180
Savings per tax return using itemization: $4,511
Average savings per senior: $1,009.92
Daniel Hanscom / Getty Images
Total expected value: $1,686
Savings per tax return using standard deduction: $193.83
Savings per tax return using itemization: $5,711
Average savings per senior: $972.48
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DenisTangneyJr / Getty Images/iStockphoto
Total expected value: $1,679
Savings per tax return using standard deduction: $209.20
Savings per tax return using itemization: $5,853
Average savings per senior: $1,150.56
iStock / iStock.com
Total expected value: $1,665
Savings per tax return using standard deduction: $161.08
Savings per tax return using itemization: $4,204
Average savings per senior: $992.64
miroslav_1 / Getty Images/iStockphoto
Total expected value: $1,649
Savings per tax return using standard deduction: $200.67
Savings per tax return using itemization: $5,119
Average savings per senior: $1,396.92
DenisTangneyJr / Getty Images
Total expected value: $1,642
Savings per tax return using standard deduction: $178.88
Savings per tax return using itemization: $4,541
Average savings per senior: $1,008
benedek / Getty Images/iStockphoto
Total expected value: $1,638
Savings per tax return using standard deduction: $183.17
Savings per tax return using itemization: $4,581
Average savings per senior: $1,010.40
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Jacob Boomsma / iStock.com
Total expected value: $1,629
Savings per tax return using standard deduction: $198.05
Savings per tax return using itemization: $5,640
Average savings per senior: $982.08
Jacob Boomsma / Getty Images/iStockphoto
Total expected value: $1,621
Savings per tax return using standard deduction: $204.19
Savings per tax return using itemization: $5,741
Average savings per senior: $1,001.76
Jim Glab / iStock.com
Total expected value: $1,576
Savings per tax return using standard deduction: $195.52
Savings per tax return using itemization: $4,566
Average savings per senior: $1,146.96
Matt Tavares / Getty Images/iStockphoto
Total expected value: $1,547
Savings per tax return using standard deduction: $193.39
Savings per tax return using itemization: $5,612
Average savings per senior: $5,612
DenisTangneyJr / iStock.com
Total expected value: $1,532
Savings per tax return using standard deduction: $182.13
Savings per tax return using itemization: $4,585
Average savings per senior: $1,003.20
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cweimer4 / Getty Images
Total expected value: $1,525
Savings per tax return using standard deduction: $199.15
Savings per tax return using itemization: $2,579
Average savings per senior: $1,140.48
MidwestWilderness / Getty Images/iStockphoto
Total expected value: $1,497
Savings per tax return using standard deduction: $177.59
Savings per tax return using itemization: $4,481
Average savings per senior: $1,013.28
constantgardener / Getty Images
Total expected value: $1,462
Savings per tax return using standard deduction: $172.08
Savings per tax return using itemization: $4,375
Average savings per senior: $1,013.76
DenisTangneyJr / iStock.com
Total expected value: $1,443
Savings per tax return using standard deduction: $177.82
Savings per tax return using itemization: $4,471
Average savings per senior: $1,002.72
Wirestock / iStock.com
Total expected value: $1,407
Savings per tax return using standard deduction: $170.22
Savings per tax return using itemization: $4,324
Average savings per senior: $994.08
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Althom / Getty Images
Total expected value: $1,336
Savings per tax return using standard deduction: $168.60
Savings per tax return using itemization: $4,345
Average savings per senior: $988.32
iStock / iStock
Total expected value: $1,293
Savings per tax return using standard deduction: $183.61
Savings per tax return using itemization: 4,509
Average savings per senior: $1,025.76
Gregory Clifford / iStock.com
Total expected value: $1,290
Savings per tax return using standard deduction: $198.67
Savings per tax return using itemization: $3,866
Average savings per senior: $1,002
BackyardProduction / iStock.com
Total expected value: $1,288
Savings per tax return using standard deduction: $168.23
Savings per tax return using itemization: $4,299
Average savings per senior: $996.96
DenisTangneyJr / iStock.com
Total expected value: $1,269
Savings per tax return using standard deduction: $171.02
Savings per tax return using itemization: $4,421
Average savings per senior: $1,008.48
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Sean Pavone / iStock.com
Total expected value: $1,262
Savings per tax return using standard deduction: $155.83
Savings per tax return using itemization: $4,042
Average savings per senior: $984.96
EJJohnsonPhotography / Getty Images/iStockphoto
Total expected value: $1,250
Savings per tax return using standard deduction: $173.30
Savings per tax return using itemization: $4,445
Average savings per senior: $1,003.20
Jacob Boomsma / Getty Images/iStockphoto
Total expected value: $1,249
Savings per tax return using standard deduction: $208.62
Savings per tax return using itemization: $5,929
Average savings per senior: $1,385.52
Total expected value: $1,242
Savings per tax return using standard deduction: $169.01
Savings per tax return using itemization: $4,315
Average savings per senior: $1,001.76
Art Wager / iStock.com
Total expected value: $1,221
Savings per tax return using standard deduction: $174.38
Savings per tax return using itemization: $4,432
Average savings per senior: $991.20
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Michael Warren / Getty Images
Total expected value: $1,193
Savings per tax return using standard deduction: $170.67
Savings per tax return using itemization: $4,330
Average savings per senior: $988.80
Nickdelrosario / Getty Images/iStockphoto
Total expected value: $1,178
Savings per tax return using standard deduction: $174.67
Savings per tax return using itemization: $4,455
Average savings per senior: $1,005.60
PapaBear / Getty Images/iStockphoto
Total expected value: $1,104
Savings per tax return using standard deduction: $169.23
Savings per tax return using itemization: $4,390
Average savings per senior: $981.12
Roberto Galan / Getty Images
Total expected value: $1,075
Savings per tax return using standard deduction: $170.61
Savings per tax return using itemization: $4,398
Average savings per senior: $994.56
Sean Pavone / iStock.com
Total expected value: $1,049
Savings per tax return using standard deduction: $175.07
Savings per tax return using itemization: $1,349
Average savings per senior: $988.32
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Nicholas Klein / Getty Images
Total expected value: $1,047
Savings per tax return using standard deduction: $174.94
Savings per tax return using itemization: $4,461
Average savings per senior: $989.28
cineman69 / Getty Images
Total expected value: $1,031
Savings per tax return using standard deduction: $122.85
Savings per tax return using itemization: $3,359
Average savings per senior: $982.08
Sean Pavone / Getty Images/iStockphoto
Total expected value: $970
Savings per tax return using standard deduction: $117.76
Savings per tax return using itemization: $3,381
Average savings per senior: $976.32
Sean Pavone / Getty Images/iStockphoto
Total expected value: $967
Savings per tax return using standard deduction: $124.09
Savings per tax return using itemization: $3,388
Average savings per senior: $990.24
JT Crawford / Getty Images/iStockphoto
Total expected value: $957
Savings per tax return using standard deduction: $123.43
Savings per tax return using itemization: $3,399
Average savings per senior: $987.36
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graphiknation / iStock.com
Total expected value: $917
Savings per tax return using standard deduction: $120.52
Savings per tax return using itemization: $3,365
Average savings per senior: $970.08
Rebecca Todd / Getty Images/iStockphoto
Total expected value: $891
Savings per tax return using standard deduction: $119.69
Savings per tax return using itemization: $3,371
Average savings per senior: $973.44
William Krumpelman / Getty Images/iStockphoto
Total expected value: $775
Savings per tax return using standard deduction: $126.80
Savings per tax return using itemization: $3,475
Average savings per senior: $984.96
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