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 "big beautiful" tax law lets older American couples potentially take up to $12,000 per year off their taxable income for ...
The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...
A new $6,000 tax deduction for Americans 65 and older could boost refunds for millions of older taxpayers, putting an average of about $670 more in their pockets this year, according to advocacy group ...