A recently proposed tax law includes a 'bonus' deduction of up to $6,000 for taxpayers 65 and older. Learn how it works, who qualifies, and its current status.

Jun 12, 2025 · OBBB permanently extends the doubled standard deduction from TCJA. It also provides an extra $750 to the standard deduction for single taxpayers and $1,500 for married …

Jul 15, 2025 · Beginning in 2025, taxpayers aged 65 or older will be eligible for a new $6,000 federal tax deduction. This deduction is designed to reduce taxable income and is stacked on …

Dec 12, 2025 · To be eligible for the new senior deduction, you need to turn 65 on or before Dec. 31, 2025, and file as an individual, head of household, surviving spouse or a married couple …

Oct 27, 2025 · Learn about the new $6,000 bonus deduction, income limits, and increased 2026 standard deduction amounts.

Aug 18, 2025 · WASHINGTON, D.C. – America’s seniors will get new tax relief thanks to the $6,000 bonus senior deduction included in The One,...

Dec 17, 2025 · Benefits recipients could save $6,000 in federal taxes on their monthly payments. Here’s who is eligible to claim the deduction.

Jul 8, 2025 · Adults 65 and older may qualify for a new $6,000 deduction, in addition to existing standard deductions. The deduction phases out for incomes above $75,000 (single filers) or …

Sep 25, 2025 · In July of this year, Congress passed – and the president signed into law – a temporary federal tax break for eligible taxpayers aged 65 or older. Known as the $6,000 …

Jul 11, 2025 · Millions of taxpayers ages 65 and older got a big tax break in the “One Big Beautiful Bill”: a new $6,000 tax deduction, effective this year. The deduction, which AARP supported, …