10/21/2026
If you're 65 or older, there's an additional tax deduction you need to know about.
Under the new tax law, eligible seniors can claim an additional $6,000 tax deduction. If you're married filing jointly and both spouses are 65 or older, that amount could increase to $12,000.
Now, here's what I want you to understand.
This is NOT an additional $6,000 or $12,000 refund. It's a deduction that can reduce your taxable income, which means you could potentially owe less in taxes.
And what's even better is that this deduction is available in addition to the standard deduction you may already qualify for. Income limits and other eligibility requirements appply.