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

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

A new $6,000 tax deduction for seniors is available for the 2025 tax year. Learn the age, income, and filing requirements to claim this major tax break.

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

Still confused about the One Big Beautiful Bill Act (OBBBA)? The IRS has issued some initial guidance with respect to new provisions that take effect for 2025. Still confused about the One Big ...

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

Tax season is fast approaching and several tax policy changes impacting older Americans will be in effect when seniors go to file their returns. The enactment of Republicans' One Big Beautiful Bill ...