New Senior Deduction Explained
Good news for retirees! Starting in 2025, seniors 65+ may qualify for a NEW $6,000 tax deduction to help offset rising living costs. Married couples could deduct up to $12,000—on top of the standard deduction.
Good news for retirees! Starting in 2025, seniors 65+ may qualify for a NEW $6,000 tax deduction to help offset rising living costs. Married couples could deduct up to $12,000—on top of the standard deduction.