The sweeping domestic policy bill that passed the House on Thursday will boost the standard deduction for senior citizens by ...

These are some of the key tax changes in President Donald Trump’s “big beautiful bill” and how it compares to current law.

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

Trump's Big, Beautiful Bill offers a $6,000 senior bonus deduction from 2025-28. Couples can save $12,000. Retirees with ...

Example for an Individual . Say you’re an individual taxpayer who received about $18,000 from the Social Security Administration (SSA) last year. You also had $20,000 in other income. Add the ...