Jul 8, 2025 · Does it replace the existing extra standard deduction for people 65 and older? No. The new deduction is in addition to the existing extra standard deduction for people age 65 …

Aug 6, 2025 · A step-by-step, senior-friendly guide to eligibility, claiming, documentation, and smart planning—plus the other 2025 deductions & credits retirees shouldn’t miss.

What is the Enhanced Deduction for Seniors? The Enhanced Deduction for Seniors increases the amount of income you can earn before paying federal income tax. It is available to taxpayers …

Aug 6, 2025 · Eligible taxpayers can claim an extra $6,000 deduction on top of the regular standard deduction. Married couples where both spouses are 65 or older can claim up to …

Nov 18, 2025 · Use new Schedule 1-A with Form 1040 to claim the new deduction. Returns for the 2025 year are due in 2026—gather age proof, Social Security data, and income records early.

The senior tax deduction starts in 2025 and is available through tax year 2028. So, if you qualify for the deduction, you’ll be able to claim it on your annual tax return during those years.

Jul 8, 2025 · If you’re eligible for the new “bonus” standard deduction under the “One Big Beautiful Bill,” which provides an extra $6,000 in tax relief for eligible seniors from 2025 to 2028, this will …

Jul 10, 2025 · The full deduction is available if your income is $75,000 or less for single filers, or $150,000 or less for married couples filing jointly. If your income is above these thresholds, the …

I want to walk through how the extra standard deduction for people 65 and older actually works in practice, how it shows up on your Form 1040, and how it now fits alongside the new bonus …

2 days ago · Joint filers over 65 will be able to deduct up to $46,700 from their 2025 return. The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big …