The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

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 ...

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 new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

Millions of retirees could stop paying federal taxes on Social Security benefits under new legislation and a temporary $6,000 ...

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

Taxpayers aged 65 and older are eligible for a $6000 deduction. Here's all on eligibility and how the deductions work with ...

The Income Phaseout Trap That Nobody Warned You About The deduction is gradually reduced by 6 cents for every dollar over $75 ...

Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.

Budget 2026 brings relief for India's seniors by simplifying tax support and boosting healthcare. Key initiatives include ...

The passage of the OBBBA made Trump's tax break promises a reality. While many taxpayers will realize benefits, one group is ...