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Deductions & credits
$17,750 is the 2025 standard deduction if you are 65 or older, as the IRS adds $2,000 extra to the base $15,750 deduction. There is also a new $6,000 Enhanced Senior Deduction, which is an additional deduction, separate from the standard deduction.
Here is some information you may find helpful: What's the new tax law for the senior deduction?
Saturday