One, Big, Beautiful Bill Act: Tax deductions for working ...
Jul 14, 2025 · The $6,000 senior deduction is per eligible individual (i.e., $12,000 total for a married couple where both spouses qualify). Deduction phases out for taxpayers with modified adjusted …
How the New $6,000 'Senior Bonus' Tax Deduction Works | Kiplinger
Jan 2, 2026 · It phases out completely for MAGI above $175,000 and $250,000, respectively. The IRS says you must "include the Social Security Number of the qualifying individual (s) on the return, and …
What to Know About the New $6,000 Tax Deduction - AARP
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 $150,000 (joint …
2026 Tax Deductions for Seniors: New $6,000 Bonus & Standard ...
Oct 27, 2025 · Big changes are coming for Americans age 65 and older on their 2026 tax returns. The recently enacted “Big, Beautiful Bill” (GOP tax package, July 2025) introduces a major new $6,000 …
5 tips for claiming the new $6,000 senior tax deduction in 2026
Understand the Income Limits That Could Phase Out Your Deduction The $6,000 deduction applies to seniors with income below the thresholds of $75,000 for individuals and $150,000 for joint filers.
How seniors can boost tax refunds with new deduction on 2025 ...
19 hours ago · Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.
Schedule 1-A Alert: How to Claim the $6,000 “OBBB” Deduction ...
6 days ago · What you need to know about the 2026 $6,000 senior deduction, including eligibility, phaseouts, and how Schedule 1-A reports it without drama.