New Tax Break for Seniors: Are You Eligible for the $6,000 Deduction?
The One Big Beautiful Bill Act (OBBBA) introduces a fresh wave of tax changes, and seniors are among the clear winners. Beginning in the 2025 tax year, individuals age 65 and older may qualify for a new, targeted deduction worth up to $6,000 per person. Let’s review how to take advantage of this tax break…
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