one big beautiful bill act senior deduction

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One Big Beautiful Bill, Senior Deduction

800,000 Retirees in Oregon Qualify For The 'Senior Deduction' Under Big, Beautiful Bill

According to a July 2025 press release, 88% of all seniors who receive Social Security income will owe nothing in federal taxes on those benefits under the new law-up from 64% under previous rules.

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300,000 Retirees in Idaho Qualify For The ‘Senior Deduction’ Under Big, Beautiful Bill

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2 Million Retirees in Illinois Qualify for the 'Senior Deduction' Under Big, Beautiful Bill

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Here’s why I supported the One Big Beautiful Bill Act: Gus Bilirakis | Column

The One Big Beautiful Bill seeks to reignite the economy after years of debilitating inflation and rising costs during the Biden era.

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How much can Nashville area taxpayers expect to save under Trump's 'Big, Beautiful Bill' tax cuts? Analysis shows who will save the most

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Rep. Barr promotes Trump’s budget bill at Georgetown Q&A

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Are you eligible for the new $6,000 senior tax deduction?

In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

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Tax Savings: The One Big Beautiful Bill Act's Impact on Your Finances

Starting in 2025, the One Big Beautiful Bill Act (OBBBA) introduces historic tax cuts, making key provisions from the 2017 Tax Cuts and Jobs Act permanent while adding new benefits. From enhanced deductions to expanded credits,

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Beauty or Beast: The One Big Beautiful Bill Act and Key Tax Changes to Prepare For

The passage of the One Big Beautiful Bill Act has many excited for extensions from the 2017 ... There may also be an opportunity to utilize a non-grantor trust that leverages the SALT deduction while being mindful of tax brackets and phase-outs.