You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
Millions of Americans over 65 will qualify for a new $6,000 deduction on their 2025 tax returns. This added relief comes as older adults continue to face mounting financial pressure from rising food, ...
Taxpayers aged 65 and older are eligible for a $6000 deduction. Here's all on eligibility and how the deductions work with ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...