As Kiplinger has reported, taxpayers 65+ who typically claim the standard deduction can claim the up to $6,000 bonus deduction (or $12,000 for married couples where both are age 65+). That’s in ...

If you’re 65 or older, 2025 is shaping up to bring several important tax changes that could impact your finances. Here’s a look at four key tax updates — three are from President Donald Trump’s new ...

A significant tax change for older adult taxpayers this year comes in the form of a new benefit known as the “senior bonus deduction.” Tucked into President Donald Trump’s 2025 tax bill, this ...