July 4, 2025 - $6,000 Senior Tax Deduction Under OBBBA (2025–2028)

Matthew Cuplin |
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Tax Planning

A provision in the One Big Beautiful Bill Act (OBBBA) gives seniors a new tax break starting in 2025 tax year. This deduction is meant to reduce taxable income for taxpayers age 65 and older.

What the Deduction Is

  • Seniors 65+ can deduct up to $6,000
  • Married couples (both 65+) can deduct up to $12,000
  • This is on top of the standard deduction they already receive
  • Available for 2025 through 2028

Who Qualifies

  • You must be age 65 or older by year-end
  • You can claim it whether you itemize or take the standard deduction

Income Limits

  • Starts to phase out if income exceeds: 
    • $75,000 (single)
    • $150,000 (married filing jointly)

This deduction is claimed on Schedule 1-A, which is filed with your regular 1040 tax return.

Click here for additional details: OBBBA: Deduction For Seniors