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International Business Times UK
International Business Times UK
Business
Akshay Puri

If You're Over 65, These 3 Hidden Tax Benefits Could Put Thousands Back in Your Pocket

Americans over 65 can lower their tax bill with extra standard deductions, a new senior deduction and super catch-up retirement contributions.

Millions of American retirees are eligible for a major tax windfall this year thanks to new federal laws and expanded IRS deductions.

As the 2026 filing season begins, taxpayers aged 65 and older can leverage a 'triple-play' of benefits to shield more of their retirement income from the Internal Revenue Service. These updates include an enhanced standard deduction, a unique $6,000 senior income credit, and a 'super catch-up' window for those still in the workforce.

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