Trump Tax Law Cuts 2026 Taxes For Seniors With New Social Security Relief

age 65 and older will qualify for an additional $6,000 deduction on top of the standard deduction.

Married couples where both spouses are over 65 may claim a combined additional deduction of $12,000.

Social Security benefits are taxed based on income and filing status, and the added deduction lowers the number of retirees subject to taxes on those payments.continue reading …