WASHINGTON – (WDNews) U.S. Rep. Barry Moore is pointing to several tax changes he says will benefit working families as Alabamians prepare to file their 2025 tax returns in a statement on Facebook.
According to Moore, parents who qualify will now have the option to choose a “Trump Account” on their tax forms, aimed at helping families build long-term savings for their children.
“As Alabamians get ready to file their 2025 taxes, I want to highlight a few important wins for working families,” Moore said.
Moore also said the Child Tax Credit has been expanded, which he said will allow eligible families to keep more money. In addition, Moore said income earned from tips or overtime pay in 2025 will no longer be taxed under the new changes.
“If you earned tips or overtime pay in 2025, that income is now tax-free,” Moore said.
Moore added that Americans earning between $50,000 and $80,000 annually will see a 15% tax cut. He said the changes were part of President Donald J. Trump’s Working Families Tax Cut legislation, which Moore supported in Congress.
“Tax season is never fun, but this tax relief will make a real difference for families across Alabama and across our nation,” Moore said.
The changes will apply to 2025 tax filings under the legislation approved by Congress and signed into law.