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 ...

According to the White House, over 1 million retirees will benefit from a specific provision in the One Big Beautiful Bill ...

For seniors across the country, perhaps the most noteworthy aspect of the new bill is the additional deduction for this ...

For 2025, single filers can claim a standard deduction of $15,750, while married couples filing jointly can claim a standard ...

The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.

Alabama’s senior citizens could see meaningful tax relief beginning in 2026, thanks to the One Big, Beautiful Bill. Passed ...

Retirement often brings the hope of reduced tax burdens, especially concerning Social Security benefits. However, a ...

The senior deduction is an exemption for filers 65 and older introduced in the One Big Beautiful Bill Act. It allows seniors to claim an additional $6,000 whether they itemize or take the standard ...

Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the ...

A think tank has said the Trump administration is "peddling false and exaggerated claims" about taxes on Social Security ...

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter ...

About 1.2 million Washington retirees are set to gain tax relief on Social Security income starting in 2026 under Trump's One ...