As tax season begins, Congresswoman Nicole Malliotakis is drawing attention to new tax provisions aimed at providing relief for working Americans, middle-class families, senior citizens, and tipped and overtime workers. The Working Families Tax Cut includes several changes that New Yorkers will encounter as they file their taxes this year.
Congresswoman Malliotakis stated, “As tax season begins, I want to remind working Americans, middle-class families, and senior citizens that they have more tax deductions and credits to take advantage of when they file their returns this year. From the $40,000 SALT deduction to the bonus senior deduction that will refund the taxes most seniors paid on their Social Security benefits to the expanded Child Tax Credit and new baby savings account, Americans will keep more money in their pockets instead of Uncle Sam’s.”
Assemblyman Sam Pirozzolo expressed support for these changes: “I want to thank President Trump and Congresswoman Malliotakis for delivering real financial relief to New Yorkers. While Kathy Hochul is hell-bent on denying relief at the state level, it is clear that costs like gas are finally coming down. Thanks to the passage of the ONE BIG BEAUTIFUL BILL, Americans are on the road to a new golden age.”
Assemblyman Michael Tannousis commented on local impact: “I thank Congresswoman Nicole Malliotakis for her continued leadership in fighting to put more money back in the pockets of hardworking families, seniors, and small business owners across Staten Island and South Brooklyn. As tax season begins, these commonsense tax relief measures, including relief for tipped and overtime workers, a significantly expanded SALT deduction, no tax on Social Security, and stronger 529 savings options, will make a tangible difference for local households struggling with the high cost of living. While New York Democrats have repeatedly failed to deliver meaningful tax relief for our communities, Congresswoman Malliotakis has remained focused on results, ensuring that working families and retirees can keep more of what they earn and better plan for their futures.”
NYC Council Minority Leader David Carr added: “Returning money to the people through tax cuts is a common sense policy, and Congresswoman Malliotakis has been truly leading the way on this effort. Her critical work in D.C. has saved money for the homeowners in Staten Island and Brooklyn that need it most. Property owners in one of the most expensive cities in the world are fortunate to have a warrior in Nicole to defend against a government increasingly intent on taxing them out their homes.”
Council Member Frank Morano also said: “Thanks to President Trump and Congresswoman Malliotakis, working families and seniors will keep more of their own money this year. Tax relief for overtime workers, stronger SALT deductions, no tax on Social Security, and new savings tools for young families are a win for Staten Island.”
Key provisions include an increase in State and Local Tax (SALT) deductions up to $40,000 for individuals or families earning less than $500,000—covering almost all households within New York’s 11th Congressional District—and eliminating taxes on Social Security benefits for many seniors by introducing additional deductions based on income.
The standard deduction has been raised as well; individuals may now claim $15,750 while married couples can deduct up to $31,500 starting with tax year 2025.
Tipped workers are eligible for an annual deduction up to $25,000 which phases out above certain income thresholds. Overtime pay is also deductible under specified conditions with limits set at $12,500 ($25,000 if filing jointly).
Other highlights include an increased Child Tax Credit (up to $2,200 per child), creation of so-called “Trump Accounts”—$1,000 accounts established at birth between January 2025-December 2028—and expansions related to education savings plans.
For those purchasing American-manufactured vehicles assembled domestically after December 31st 2024 using qualifying loans there is now an interest deduction capped at $10,000 per year subject again to income phase-outs.
Nicole Malliotakis represents New York’s 11th district since replacing Max Rose in 2021 https://malliotakis.house.gov/about. Before serving in Congress she was part of the New York State Assembly from 2011 until her election victory https://www.congress.gov/member/nicole-malliotakis/M001203. She was born in New York City in 1980 https://bioguide.congress.gov/search/bio/M001203.
Congresswoman Malliotakis recently published an opinion piece outlining further details about these changes.
