The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

The One Big Beautiful Bill Act of 2025 creates a temporary tax deduction for seniors aged 65 and older, offering up to $6,000 ...

With tax season in full swing, sweeping changes taking effect this year could mean real savings for millions of Americans, ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

Public sector workers getting restored benefits under last year's Social Security Fairness Act would be spared a tax bill on ...

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 ...

Make sure these changes are on your radar.

Retirees will enjoy a generous new tax break in 2026, courtesy of the One Big Beautiful Bill Act. Eligible taxpayers who are 65 and over and whose income doesn’t exceed allowable limits will be able ...

The No Tax on Restored Benefits Act would offer a gross income tax exclusion for retroactive Social Security benefits.

Most states don’t tax Social Security, but rules vary in the 8 that do. Get up-to-date exemptions, thresholds and new ...

President Donald Trump has touted "no tax on Social Security" with the addition of a new senior deduction. Some states still apply levies to benefit income.

The "big beautiful" tax law lets older American couples potentially take up to $12,000 per year off their taxable income for ...