For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their federal return.

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 standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify ...

The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

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

Tax season in 2026 will look very different for older Americans filing 2025 returns, as a new wave of deductions reshapes how income, Social Security and retirement savings are treated. For people 65 ...

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

New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

Once you turn 50, and especially after age 65, you may qualify for extra tax benefits. People 65 and older get a higher standard deduction and have higher income thresholds before they have to file ...