The OBBBA created a new tax deduction for seniors worth up to $12,000 for joint filers. Find out who qualifies, the income ...

In a bid to offer more financial relief to older Americans, a new tax initiative is set to benefit seniors aged 65 and older. Known as the “Senior Bonus,” this additional $6,000 tax deduction, ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

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

If you’re over 65 and preparing your 2025 taxes, a supersized new deduction lets you claim an additional $6,000 as a standard ...

The "big beautiful" tax law lets older American couples potentially take up to $12,000 per year off their taxable income for ...

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