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The extra standard deduction for seniors: A simple tax break worth over $2,000

Turning 65 comes with a tax perk! Learn about the extra standard deduction for seniors, the 2025 amounts, and how it can ...

Seniors to get $6,000 tax deduction next year

The $6,000 bonus deduction first applies to the 2025 tax year, which is filed in 2026. The regular and extra standard deductions for seniors, as adjusted for inflation, will apply to the 2026 tax year ...