Under current law, the deduction for business interest expense is generally limited to 30% of adjusted taxable income (ATI) for the year. The One Big Beautiful Bill Act (OBBBA) modifies how ATI is calculated, starting in 2025. Specifically, depreciation, amortization and depletion are once again added back when computing ATI, increasing the limit on business interest deductions for many businesses. Here's what you need to know.
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