The new $6,000 senior tax deduction: who qualifies and how to claim it

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

Can Itemizing Your Deductions Boost Your Tax Refund?

When filing a federal tax return, Americans face a key choice that can directly affect how much they owe—or how much they get ...
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How the new $6,000 senior tax deduction could affect millions of Americans over 65

The new $6,000 senior tax deduction could lower taxable income for millions of retirees. Learn who qualifies and how it may ...

Here’s exactly what Social security retirees need to do to qualify for the new tax deduction

The One Big Beautiful Bill Act introduced a new tax deduction that many retirees can take advantage of. While the deduction ...

$6,000 senior tax deduction for federal returns has plenty of rules

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...
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Should you itemize or take a standard deduction on your tax return? Here’s what to know

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. NEW YORK (AP) — When tackling your taxes, it ...