New Deduction for Seniors

Effective for tax years 2025 through 2028, individuals who are age 65 or older may claim an additional deduction of $6,000. This new deduction is in addition to the current additional standard deduction for seniors under existing law. To qualify for the deduction, a taxpayer must reach age 65 on or before the last day of the taxable year.

The $6,000 deduction is per eligible individual; $12,000 total for a married couple where both individuals qualify. The deduction phases out for a single individual with modified adjusted gross income over $75,000. The deduction phases out for joint filers at $150,000. Married taxpayers must file jointly to claim the deduction.