Index/Topics/OBBBA Senior Deduction

OBBBA Senior Deduction

The One, Big, Beautiful Bill Act (OBBBA) and its impact on senior deductions for married taxpayers filing separately.

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5 results

Jan 29, 2026

How does Schedule 1‑A work for the 2025 senior bonus deduction, and who qualifies to claim it?

The 2025 “” created by the lets eligible taxpayers age 65+ claim an additional above‑the‑line deduction of up to $6,000 ($12,000 if both spouses qualify) and is reported on a new Schedule 1‑A; the ben...

Jan 24, 2026

What documentation is required in 2025 to support non-itemized charitable tax benefits (e.g., receipts, donor-advised fund records)?

The One Big Beautiful Bill Act () restored a limited above‑the‑line charitable deduction for certain non‑itemizers in the 2025–2028 window and therefore reintroduced specific substantiation rules taxp...

Feb 5, 2026

Does the Big Beautiful Bill have any positive effects on taxes and tax return in 2026?

The (OBBBA) produces several concrete tax benefits that many taxpayers will see reflected in 2026 returns and withholding — ranging from expanded credits and deductions (notably a temporary $6,000 sen...

Jan 21, 2026

How did the One Big Beautiful Bill change other major deductions and credits for the 2025 tax year?

The One Big Beautiful Bill () rewrote the landscape of individual deductions and credits for 2025 by layering permanent extensions, temporary new deductions, expanded caps, and rollbacks of green-ener...

Jan 10, 2026

Under what circumstances does Married Filing Separately ever become advantageous for seniors despite losing the senior deduction?

The One, Big, Beautiful Bill Act (OBBBA) created a temporary $6,000-per-person senior deduction but it explicitly excludes married taxpayers who file Married Filing Separately (MFS), meaning filing se...