The One Big Beautiful Bill (OBBB) establishes a temporary personal exemption of $6,000 for individuals who are 65 years or older (subject to income limitations and identification requirements) beginning with tax year 2025 through 2028. If you file a joint return and both of you are over 65, you both will claim the additional $6,000 for a total of $12,000.
- A qualified individual is:
- 1) To qualify for the additional deduction, a taxpayer must attain age 65 on or before the last day of the taxable year, and
- 2) In the case of a joint return, the taxpayer’s spouse, if the spouse has attained age 65 before the close of the tax year.
- In the case of any taxpayer for any taxable year, the $6,000 amount shall be reduced (but not below zero) by 6% of the taxpayer’s modified adjusted gross income (MAGI) that exceeds $75,000 ($150,000 in the case of a joint return).
- Deduction is available for both itemizing and non-itemizing taxpayers.
- Failure to provide it is treated as a math or clerical error allowing IRS disallowance of the credit without a formal audit under IRC § 6213(g)(2).
- Seniors file jointly if married, to claim the deduction for both spouses.
- A valid Social Security number is required to claim the deduction.
- The section applies to taxable years beginning after December 31, 2024.
One Big Beautiful Bill Act: Tax deductions for working Americans and seniors
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
