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The Economic Times

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The $6,000 senior tax break: What it means and who can claim the new deduction

A new tax rule in the United States gives many older adults a chance to reduce their taxable income. Seniors aged 65 and above may qualify for a special deduction when filing federal taxes. The benefit has income rules and requires an extra form when filing. Many experts say this tax change could help older Americans manage rising living costs.

6 Mar 2026 6:55 pm