The new $6,000 senior tax deduction: who qualifies and how to claim it

For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their federal return.

How to get the new $6,000 senior bonus deduction this tax season — it's simpler than you think

Beware of the restrictions.

Here’s exactly what Social security retirees need to do to qualify for the new tax deduction

The One Big Beautiful Bill Act introduced a new tax deduction that many retirees can take advantage of. While the deduction ...

These 3 Groups Won't Qualify for the New Senior Tax Break, and They May Have No Idea

Luckily, most seniors will be eligible for the tax break.

What the Tax Cuts and Jobs Act extension means for your retirement planning

Domain Money reports the Tax Cuts and Jobs Act's extension makes tax brackets permanent, boosts standard deductions, and offers new retirement planning strategies.

$6,000 senior tax deduction for federal returns has plenty of rules

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...

The IRS Has New Rules — Here’s How They Affect You

What this means for you: The new standard deduction reduces your taxable income, potentially leading to a lower tax bill. For ...
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Standard Deduction for Married Filing Separately: Tax planning

Deciding how to file your taxes as a married couple can have a meaningful impact on your return. Depending on your situation, it may affect how much you owe or receive. Many couples assume married ...