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

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 ...

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Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...

Roughly 4 million Texas retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...

The One Big Beautiful Bill targets middle-income seniors, offering timely relief in a state with rising property taxes and ...

Roughly 1.2 million Tennessee retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

President Trump's 'One Big Beautiful Bill,' enacted on July 4th, introduces a $6,000 tax deduction for seniors aged 65 and ...

President Trump's new tax legislation offers significant deductions for seniors, promising immediate relief. However, it ...

The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...

President Donald Trump has promoted a new $6,000 senior tax deduction and pledged to protect Social Security, and ...

The new additional senior deduction and other changes in Trump's "big beautiful bill" may reduce taxation of Social Security benefits by approximately $30 billion per year, estimates the Committee ...