What Is the New Senior Tax Deduction?
Under the new tax legislation taking effect from 2025 through 2028, eligible taxpayers age 65+ can claim:
- Up to $6,000 per individual
- Up to $12,000 per married couple
This is a major boost to existing tax deductions for seniors, because it:
- Adds on top of the standard deduction
- Stacks with the additional age 65+ deduction
- Can be used even if you itemize deductions
For retirees working with a financial advisor or using tax filing services, this creates new opportunities for tax optimization and retirement planning.
Stimulus check