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Retirement tax questions
The OBBBA was passed through a process called budget reconciliation. That reconciliation process specifically prohibits any changes to Social Security (the Byrd Rule). So instead, a lesser workaround was to lessen the pain a bit with a "senior bonus" called the "Enhanced Senior Deduction". It does not equate to full Social Security tax refief for many people, but it does help lower the overall tax burden of seniors and got around the Byrd Rule. It provides some extra spending money, especially for married couples. Hopefully, additional tax relief can be in future legislation.
‎February 18, 2026
1:25 AM