Deduction for Seniors

•New deduction: Effective for 2025 through 2028, individuals who are age 65 and older may claim an additional deduction of $6,000. This new deduction is in addition to the current additional standard deduction for seniors under existing law.

oThe $6,000 senior deduction is per eligible individual (i.e., $12,000 total for a married couple where both spouses qualify).
oDeduction phases out for taxpayers with modified adjusted gross income over $75,000 ($150,000 for joint filers).

•Qualifying taxpayers: To qualify for the additional deduction, a taxpayer must attain age 65 on or before the last day of the taxable year.

•Taxpayer eligibility: Deduction is available for both itemizing and non-itemizing taxpayers.

oTaxpayers must:
🔗include the Social Security Number of the qualifying individual(s) on the return, and
🔗file jointly if married, to claim the deduction.

(Source of quote)
FS-2025-03, July 14, 2025