New Tax Break for Seniors: Bigger Standard Deduction in 2025
Starting in 2025, seniors will receive an additional $2,000 on top of the regular standard deduction—$4,000 for married couples filing jointly if both are over 65. This change, part of the One Big Beautiful Bill, is designed to ease the tax burden for older Americans living on fixed incomes. In this video, we explain who qualifies, how much you could save, and what this means for your next tax return.
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