The One Big Beautiful Bill Act (OBBBA) senior deduction is an additional $6,000 deduction for taxpayers age 65 and older, available for tax years 2025 through 2028. It phases out based on modified adjusted gross income — $75,000 for single filers and $150,000 for married couples filing jointly. You can claim it whether you itemize or take the standard deduction, and it coordinates with the calculation for Social Security taxation. For retirees near the phase-out threshold, timing withdrawals or charitable gifts can help you capture the full benefit and keep more of what you’ve earned.
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