You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...
OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.
The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...
In a bid to offer more financial relief to older Americans, a new tax initiative is set to benefit seniors aged 65 and older.
The "big beautiful" tax law lets older American couples potentially take up to $12,000 per year off their taxable income for ...
Your spouse must be eligible for retirement benefits for you to be eligible for spousal benefits on their work record. Social Security has a one-year length-of-marriage rule for most couples before ...
Add Yahoo as a preferred source to see more of our stories on Google. A new senior tax break included in the One Big Beautiful Bill Act (OBBBA) could bring relief to hundreds of thousands of retirees ...