IRS Introduces New $6,000 Senior Tax Deduction Effective 2025 Through 2028

The IRS has introduced a new senior tax deduction of up to $6,000 for Americans aged 65 and older, effective for the 2025 tax year and available through 2028. This deduction, part of the One Big Beautiful Bill Act and Trump-era tax changes, supplements existing senior benefits and does not require itemizing. Eligibility depends on income limits, with married couples filing jointly able to claim up to $12,000. The deduction aims to provide targeted relief amid ongoing cost-of-living pressures for seniors.