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 ...

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.

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

Senate Republicans have introduced a proposal to significantly expand tax deductions for seniors that would have initially been proposed by the House Republican caucus. The senators' initiative is ...