The BBB's new senior deduction is only available to adults 65 and older. High-income seniors won't be eligible to claim it.

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

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

Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file ...

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

President Trump's fiscal policies have always been a focal point of his administration. In his 2024 campaign, he promised to eliminate income taxes on Social Security benefits. However, the newly ...

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

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

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 ...

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

The Trump Administration has been peddling false and exaggerated claims about the harmful Republican megabill’s effects on ...