New Senior Deductions
New IRS Senior Deduction Under the Big Beautiful Bill 👤 Who Qualifies?Age requirement: 65+ as of December 31, 2025.Filing status: Single or Married Filing Jointly (both spouses 65+ for $12K); Married Filing Separately is excluded.Income limits: Deduction fully phases out above:$75,000 MAGI (single), phasing out by $175,000$150,000 MAGI (joint), phasing out by $250,000.No need to […]