Big Beautiful Bill

CRWest-2019 — Wed, 06 Aug 2025 17:41:32 GMT

What calculation is used to determine the senior tax bonus deduction for 2 senior tax payers

Re: Big Beautiful Bill

bkaytaxes — Wed, 06 Aug 2025 18:37:22 GMT

Hello @CRWest-2019 ,

Great question! In order to qualify for the $6000 deduction per taxpayer you just need to be age 65 and older, include your social security number on the return and also file joint, if you are married. The additional deduction will automatically be applied to your return once all the qualifying information is input into Turbo Tax.

@CRWest-2019 An additional fact to consider is that for married couples filing joint the full deduction is available if your MAGI is up to $150,000 and phases out if income exceeds that amount. The deduction completely phases out once your MAGI reaches $250,000. This phase out only applies to the additional deduction and does not impact the base standard deduction.

@CRWest-2019 Thanks for joining Ask an Expert today!! If you have any additional questions, please post them!!

topic Big Beautiful Bill in Get your taxes done using TurboTax

Big Beautiful Bill

What calculation is used to determine the senior tax bonus deduction for 2 senior tax payers

Re: Big Beautiful Bill