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Most seniors don’t realize a new federal tax deduction could reduce their taxable income by up to $6,000 (or $12,000 for married couples 65 ) starting with 2025 tax returns. It’s an above-the-line deduction, meaning you can claim it whether you itemize or take the standard deduction. The benefit phases out at higher income levels and is currently temporary through 2028 — so planning ahead matters. If you’re on Social Security, SSI, SSDI, or receiving a pension, this could directly impact how muc
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