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Senior bonus deduction

A temporary $6,000 senior bonus deduction for ages 65+ usable against multiple income types

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Jan 29, 2026
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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 18, 2026
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How does the 2025 $6,000 senior deduction phase out based on Modified Adjusted Gross Income (MAGI)?

The new, temporary $6,000 "senior" deduction for taxpayers age 65+ in tax years 2025–2028 is subject to an income-based phaseout tied to Modified Adjusted Gross Income (MAGI): it is fully available at...

Jan 30, 2026
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How do dependents calculate their 2025 standard deduction amount?

Dependents calculate their as the greater of a flat $1,350 or their , but that result cannot exceed the regular standard deduction for their filing status (single, head of household, married filing jo...

Jan 25, 2026

What year‑end moves can seniors use to avoid or minimize phase‑out of the 2025 senior deduction?

The new 2025 “senior” deduction is a temporary, additional $6,000 deduction for taxpayers age 65+ (up to $12,000 for two spouses) that begins to phase out once modified adjusted gross income (MAGI) ex...

Jan 6, 2026

How are Social Security benefits taxed at different provisional income levels in 2025?

Social Security benefits in 2025 are taxed based on a beneficiary’s provisional income — defined as adjusted gross income plus tax-exempt interest plus half of Social Security benefits — and the famil...

Jan 6, 2026

What documentation does a taxpayer need to claim the elderly or blind additional standard deduction on Form 1040 in 2025?

To claim the additional standard deduction for being age 65 or older or for blindness on the 2025 Form 1040, a taxpayer must indicate eligibility on the tax form itself by checking the appropriate box...

Feb 2, 2026

What are the 2025 MAGI phaseout thresholds for the senior bonus deduction by filing status?

The deduction for tax year provides up to $6,000 per eligible taxpayer and is subject to a : the full bonus is available for single filers with MAGI up to $75,000 and for married couples filing jointl...

Feb 1, 2026

How should retirees time Roth conversions or retirement withdrawals in 2025 to maximize the senior bonus deduction?

The deduction offers taxpayers age 65+ an extra $6,000 (up to $12,000 for married couples) for tax years 2025–2028, creating a narrow, potent window to reduce the tax hit of or to time withdrawals to ...