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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Trump's 'Big, Beautiful Bill' Offers Seniors A $6,000 'Bonus' Tax Deduction: Here's How You Qualify For The Benefit

Economist Warns of ‘Turkey 2.0’ Under Trump

President Donald Trump's "Big, Beautiful Bill" promises the first new tax break for older Americans since 2017, a temporary "senior bonus" deduction that could reduce many retirees' taxable income by up to $6,000 each year from 2025-28.

How The Senior Bonus Works

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