The IRS raised the senior tax deduction for 2025. Here’s who qualifies, how much you can claim, and what retirees should know before filing.

The "big, beautiful bill" included a bonus senior deduction.

Like most things in life, the new senior tax deduction is not all bad or all good. Here's what it looks like from several ...

A big, shiny number landed in the headlines last year and millions of older Americans took notice. A new $6,000 senior bonus deduction, created under the July 2025 tax package often referred to as the ...

If youre 65 and older, you may qualify for several tax breaks, including a larger standard deduction and a new bonus senior bonus deduction.

A new temporary tax break offers seniors 65 and older a deduction of up to $6,000 on their 2025 federal returns. To claim this deduction, taxpayers must file a new form called Schedule 1-A for ...

Medical costs in retirement are rising. Here are four health care tax breaks seniors may still qualify for without itemizing, from HSA withdrawals to FHAs.

WASHINGTON — There’s a reason they’re called the golden years. Zoomer and Millennial netizens piled on a Senate GOP boast about a $6,000 tax exemption for seniors nestled in the One Big Beautiful Bill ...

The law provides a new $6,000 deduction for individual seniors and $12,000 for married couples, ensuring that lower and ...