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In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
The Sacramento Bee on MSN1d
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 ...
2d
Explícame on MSNHow Trump's 'Big Beautiful Bill' Will Transform Your Taxes
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 600,000 retirees in Oklahoma are expected to benefit from a new federal deduction that exempts most Social Security ...
The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.
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