If you're 65 or older, this could have a huge effect on your taxes this year.
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...
Can you claim the home office tax deduction this year?
1don MSN
How to get the new $6,000 senior bonus deduction this tax season — it's simpler than you think
Beware of the restrictions.
$6,000 senior tax deduction 2026: Over 58 million seniors can now claim a new $6,000 tax deduction in 2026. This "Senior Bonus" helps Americans aged 65 plus save money. Single filers earning under $75 ...
FinanceBuzz on MSN
8 tax deductions boomers always forget (including one worth $6,000+)
Many Baby Boomers miss valuable tax deductions each year. Learn eight often-forgotten breaks, including a new $6,000 senior ...
Our Wabi Sabi Life on MSN
Why the new $6,000 senior tax deduction is triggering anxiety for retirees in 2026
The Unexpected Relief That Brought New Worries The senior deduction is an exemption for filers 65 and older introduced in the ...
Rep. Gus Bilirakis has welcomed the Working Families Tax Cut Act, which is set to reform the tax code in the country and ...
MoneyLion on MSN
I asked ChatGPT which tax deductions millennials commonly miss — here’s what it said
From student loan interest to retirement credits, here are the tax deductions millennials often overlook — and how ChatGPT ...
The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This ...
Changes to the state and local tax (SALT) deduction in the so-called 'big beautiful bill' have put this tax break in the ...
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