The exact dollar amount you'll save depends on several factors, including your annual income and tax filing status. A Council ...

Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, ...

In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...

Roughly 1.1 million Wisconsin retirees are set to benefit from a new federal deduction that phases out taxes on most Social ...

If your income exceeds $150,000 for a single adult or $250,000 for a married couple, you won't qualify for the $6,000 senior ...

The passage of the One Big Beautiful Bill (OBBBA) has sparked both support and criticism, particularly when it comes to its impact on senior citizens. The law, signed by former President Donald Trump ...

What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential ...

Like most tax breaks, it has qualifications and an expiration. Here's what you need to know about who qualifies, how much you ...

In a state where affordability is critical to retirement planning, the One Big Beautiful Bill Act (OBBBA) may provide ...

Roughly 1.5 million Virginia retirees are expected to benefit from a new federal deduction that phases out taxes on Social ...

The One Big Beautiful Bill targets middle-income seniors in a state where fixed incomes increasingly strain retirees.