Roughly 2.1 million retirees in Ohio are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 2.3 million Pennsylvania retirees are expected to benefit from a new federal deduction that exempts most Social ...

Roughly 1.2 million Tennessee retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

For seniors across the country, perhaps the most noteworthy aspect of the new bill is the additional deduction for this ...

Roughly 400,000 New Mexico retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

If your income exceeds $150,000 for a single adult or $250,000 for a married couple, you won't qualify for the $6,000 senior ...

A new, temporary "senior bonus" deduction of up to $6,000 will apply to taxpayers ages 65 and older in 2025, 2026, 2027 and 2028. It ends after that without congressional action.

Delaware’s senior citizens are among those set to benefit from the One Big Beautiful Bill, a federal tax overhaul passed ...

Roughly 1.8 million Georgia retirees are set to gain from the new federal senior deduction, which exempts most Social ...

The New Senior Deduction Rather than removing Line 6 from Form 1040, the new law adds a new $6,000 deduction for seniors (age 65 and over). The deduction is up to $12,000 for jointly filed returns ...

Employers are responsible for providing statements for workers to claim federal income tax deductions on overtime compensation.