Core Insights - The One Big, Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025, introducing various tax benefits including increased standard deductions and additional deductions for seniors [1] State-by-State Summary - **California**: Households are expected to save approximately $2,293, with standard deduction savings of $182.77 and itemized deduction savings of $5,221. Seniors will save an average of $1,386.60 [2] - **Oregon**: Each household is projected to save around $2,227, with standard deduction savings of $194.73 and itemized deduction savings of $5,502. Seniors could save about $1,131.84 [3] - **Massachusetts**: Households may save $2,150, with standard deduction savings of $190.19 and itemized deduction savings of $5,507. Average savings for seniors is approximately $1,110.96 [4] - **Connecticut**: Expected savings per household is $2,125, with standard deduction savings around $192.41 and itemized deduction savings of $5,495. Seniors will see average savings of $1,386.60 [5] - **Hawaii**: Households are set to save about $2,078, with standard deduction savings of $194.16 and itemized deduction savings of $5,521. Seniors are expected to save around $1,388.04 [6] - **New Jersey**: Residents can expect savings of $1,896 per household, with standard deduction savings of $188.18 and itemized deduction savings of $5,339. Seniors will save approximately $1,387.08 [7]