6000 bonus deduction for senior 65 and over

[2020Zoe]

I will be 65 years old in September 2028.  do I still eligible for 6000 bonus deduction for senior when I file 2028 tax in 2029?

[K M W]

The OBBB provides a new, temporary deduction for individuals aged 65 and older. This deduction is $6,000 per eligible individual ($12,000 for a married couple where both spouses qualify). This is in addition to the standard deduction already available to seniors, and the deduction could be phased out depending on income.

However, this new deduction for seniors is a temporary provision, effective for tax years 2025 through 2028. As such, under the current law, you could be eligible for this new deduction on your 2028 tax return, but the deduction would not be available for your 2029 tax return.

[SwapnaM · Accepted solution]

Yes, you will be eligible for the senior bonus deduction when you file your 2028 tax return in 2029.

The law specifies that to qualify for the deduction, you must be age 65 or older on or before the last day of the taxable year. Since you will turn 65 in September 2028, you will meet this age requirement for the entire 2028 tax year.

Phase-out: The deduction is subject to an income phase-out. It begins to shrink for single filers with a Modified Adjusted Gross Income (MAGI) over $75,000 and for married couples filing jointly with a MAGI over $150,000.

Please refer to the IRS link for more details:

https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-sen... 

@2020Zoe Thanks for the question!!