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The “Big Beautiful” tax bill offers a targeted Social Security deduction that could help millions of retirees reduce ...
In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...
Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, Calif. — A new temporary tax deduction for older Americans, dubbed the “ senior ...
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Trump Announces Senior Tax Deduction

President Donald Trump has promoted a new $6,000 senior tax deduction and pledged to protect Social Security, and ...