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If your income exceeds $150,000 for a single adult or $250,000 for a married couple, you won't qualify for the $6,000 senior ...
The staggered nature of President Donald Trump’s One, Big, Beautiful Bill Act means its full impact will not be seen for ...
In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
The 'One Big Beautiful Bill Act' (OBB), signed by President Donald Trump, is set to bring significant changes to the U.S. tax landscape. This expansive legislation aims to extend the 2017 tax cuts and ...
Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...
The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.
Roughly 1 million South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social ...
The Sacramento Bee on MSN20u

Trump Announces Senior Tax Deduction

President Donald Trump has promoted a new $6,000 senior tax deduction and pledged to protect Social Security, and ...
The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...
Roughly 400,000 New Mexico retirees are expected to benefit from a new federal deduction that exempts most Social Security ...
Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income ...
Roughly 4 million Texas retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...