17 okt. 2025 · This includes new 2026 income tax bracket thresholds, higher standard deduction amounts, and an increase in the additional standard deduction available to taxpayers age 65 and...

1 dag geleden · The $6,000 bonus deduction first applies to the 2025 tax year, which is filed in 2026. The regular and extra standard deductions for seniors, as adjusted for inflation, will apply to the 2026 tax ...

A new tax law provides a $6,000 deduction for taxpayers 65 and older, potentially eliminating federal taxes on Social Security benefits for millions. Learn if you qualify.

27 okt. 2025 · See the new 2026 tax deductions for seniors age 65+. Learn about the new $6,000 bonus deduction, income limits, and increased 2026 standard deduction amounts.

24 nov. 2025 · Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim up to $6,000 in addition to the extra standard deduction for seniors enacted back in 1948.

3 dagen geleden · Executive summary Changes for tax year 2026 raise the standard deduction to $16,100 for singles and $32,200 for married filing jointly and boost the extra standard deduction for …

3 dagen geleden · People who are 65 and older may be able to take advantage of a new senior deduction starting in 2025. Joining me to discuss what you need to know about it is tax and …

7 dec. 2025 · For seniors, the standard deduction holds particular significance. As individuals age, financial circumstances often change. This deduction offers a simple way to reduce taxable income, …

24 jul. 2025 · Eligibility is Simple: Age: You must be 65 or older on the last day of the tax year (December 31st). The IRS considers you to be 65 on the day *before* your 65th birthday. So, if your 65th birthday …

31 okt. 2025 · Many of these 2026 updates offer small wins: slightly wider brackets, modest deductions, and some relief for seniors. But the real takeaway isn’t about the new numbers, it’s about timing.