The Social Security Income is taxable depending on the combined income and based on the filing status income limitations.
Deduction for Seniors
- New deduction: Effective for 2025 through 2028, individuals who are age 65 and older may claim an additional deduction of $6,000. This new deduction is in addition to the current additional standard deduction for seniors under existing law.
- The $6,000 senior deduction is per eligible individual (i.e., $12,000 total for a married couple where both spouses qualify).
- Deduction phases out for taxpayers with modified adjusted gross income over $75,000 ($150,000 for joint filers).
- Qualifying taxpayers: To qualify for the additional deduction, a taxpayer must attain age 65 on or before the last day of the taxable year.
- Taxpayer eligibility: Deduction is available for both itemizing and non-itemizing taxpayers.
- Taxpayers must:
- include the Social Security Number of the qualifying individual(s) on the return, and
- file jointly if married, to claim the deduction.
Pls see these IRS Publications:
Publication 915 (2024) Social Security and Equivalent Railroad Retirement Benefits
One Big Beautiful Big Act: Tax Deductions for working Americans and Seniors
Pls click this below link for the Interactive Tax Assistant from the IRS website to determine if your social security income is taxable. You may need to click the next button and put the tax year from the drop down arrow and follow the succeeding instructions.
Are my Social Security or railroad retirement tier I benefits taxable?
