You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

It takes more than tying the knot to claim one of these benefits.

The One Big Beautiful Bill Act (OBBBA) added a new tax deduction worth up to $6,000 ($12,000 for married couples) for seniors. You must be at least 65 and not a high earner to qualify. Exact tax ...

As a single baby boomer life is different for me than it is for married baby boomers. So this month I thought I’d write an article about the happiness quotient of married and unmarried senior citizens ...