Jul 8, 2025 · The new deduction is in addition to the existing extra standard deduction for people age 65-plus. For the 2025 tax year, that's $2,000 for single taxpayers and $1,600 per …

Dec 5, 2025 · For single filers and heads of households age 65 and older, the additional standard deduction increased slightly — from $1,950 in 2024 to $2,000 in 2025 (returns you’ll file in …

Standard Deduction The standard deduction for taxpayers who do not itemize deductions on Form 1040, Schedule A, has increased. The standard deduction amounts for 2025 are: $31,500 – …

Seniors age 65 and older can now take an additional $6,000 deduction on top of their standard or itemized deductions, based on changes from the One Big Beautiful Bill. The new deduction for …

Dec 9, 2025 · The new Senior Bonus Deduction allows eligible taxpayers age 65 and older to claim an additional deduction of up to $6,000 per person for tax years 2025 through 2028.

6 days ago · Joint filers over 65 will be able to deduct up to $46,700 from their 2025 return. The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big …

I want to walk through how the extra standard deduction for people 65 and older actually works in practice, how it shows up on your Form 1040, and how it now fits alongside the new bonus …

Aug 10, 2025 · Currently, the IRS allows taxpayers 65 or older (or those who are blind) to claim an additional standard deduction beyond the regular standard deduction amount. For 2025, …

4 days ago · By understanding the 2025 additional standard deduction for seniors over 65, you can effectively protect a massive portion of your retirement income from federal taxes. This …

Nov 7, 2025 · Seniors over 65 are eligible for an additional amount on top of these figures. This eases their tax burden as income often shifts in retirement. The extra deduction for older …