New ‘bonus’ tax deduction up to $6,000 could be on the way for those age 65 or older
- Posted on June 18, 2025
- By Bing News
- 1 Views
New ‘bonus’ tax deduction up to $6,000 could be on the way for those age 65 or older
Both the Senate and House versions of the massive tax bill include a hefty new tax break for people aged 65 or older: A new deduction worth up to $6,000. But there are income limits.