A new $6,000 federal tax deduction is available for Americans 65 and older for the 2025 tax year. Learn who qualifies, the ...

Starting for the 2026 tax season, seniors aged 65 and older can claim an additional $6,000 deduction. Here are all the ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.