Tax Changes Coming for Seniors This Year

Tax changes coming for seniors this year

The One, Big, Beautiful Bill (OBBB) Act that President Trump signed into law last July implemented multiple changes to the tax code, including for seniors. One notable change is a new $6,000 deduction available for individuals ages 65 and older, in addition to the standard deduction previously available. On Thursday, officials from the AARP discussed… The post Tax changes coming for seniors this year appeared first on Daily Truth Report • DailyT…

New tax deduction could put more money back in seniors’ pockets this year

Tax season is fast approaching and several tax policy changes impacting older Americans will be in effect when seniors go to file their returns.The enactment of Republicans' One Big Beautiful Bill Act (OBBBA) last year revised a number of tax policies, including some provisions that the IRS is implementing for the 2025 tax year, for which Americans will begin filing their tax returns beginning on Jan. 26.Among the new tax provisions that will im…

How seniors can boost tax refunds with new deduction on 2025 returns

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

BREAKING: Trump Admin Sending New $6,000 Tax Deduction To Seniors Over Age 65 * 100PercentFedUp.com * by Noah

We’ve talked a lot about the upcoming $2,000 Stimulus Checks… We were also proud to cover the surprise =$1,776 Warrior […]

BREAKING: Trump Admin Sending New $6,000 Tax Deduction To Seniors Over Age 65

We've talked a lot about the upcoming $2,000 Stimulus Checks... We were also proud to cover the surprise =$1,776 Warrior Dividend checks that hit our Military late last year...

How the new $6,000 senior tax deduction could affect millions of Americans over 65

A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.