New Senior Tax Break 2026: Up to $6,000 Deduction for Filers 65+

There shall be a significant tax deduction introduced for providing financial relief for older people in the US under the New Senior Tax Break 2026. This law was effective from July 4, 2026 which grants an additional standard deduction mostly for taxpayers over the age of 65. This deduction limit is set at $6,000 for … Read more