Lesson library/One Big Beautiful Bill Act (OBBBA) — Deep Dive
BeginnerSlide lesson10 min

$6,000 Senior bonus deduction

New age-65+ bonus deduction stacked on top of the standard deduction, 2025–2028. Phases out at $75K/$150K MAGI.

Last reviewed: July 2026 · Tax year 2026 (post-OBBBA)