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Is the "Senior Credit" of $6,000/ person the same as Trump's Senior Tax break? and does Turbo Tax file Schedule 1-A for me?

Does Turbo Tax file Sch. 1-A for me to get the Senior tax credit?
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2 Replies
AnnetteB6
Employee Tax Expert

Is the "Senior Credit" of $6,000/ person the same as Trump's Senior Tax break? and does Turbo Tax file Schedule 1-A for me?

Yes, Schedule 1-A is automatically included as part of your return when you qualify for the additional senior deduction enacted due to the One Big Beautiful Bill Act (OBBBA).  

 

You will see the deduction included on Form 1040 line 13b.  

 

 

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Is the "Senior Credit" of $6,000/ person the same as Trump's Senior Tax break? and does Turbo Tax file Schedule 1-A for me?

it is not a credit but a deduction that can be phased out if your adjusted gross income is to high. 

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