The One Big Beautiful Bill (OBBB) introduces a temporary tax deduction for seniors, offering potential relief for those aged ...

Trump’s OBBBA adds a temporary $6,000 tax deduction for eligible seniors, lowering taxable income but with limits and potential effects on Social Security funding.

President Donald Trump’s ‘One Big Beautiful Bill’ offers to bring widespread tax relief for senior citizens. Signed into law on July 4, the act introduces a measure to provide significant tax ...