For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in the $50,000 to $100,000 range, shielding $12,500 in overtime or $25,000 in tips could move them into a lower tax bracket.

Trump’s new megabill creates temporary deductions for federally taxable tips and qualified overtime pay, but there are some caveats.