Feb 2, 2026
What year‑end planning strategies legitimately reduce MAGI to preserve the full senior bonus deduction for 2025?
A temporary senior bonus deduction in 2025 provides up to $6,000 (single) or $12,000 (married couple) for taxpayers age 65+, but the benefit phases out as MAGI rises above $75,000 (single) or $150,000...