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Tax Insights: New Deduction for Seniors

by tosa accounting & tax | Jan 14, 2026 | Tax Tips and News

We’d like to share another helpful update from the One Big Beautiful Bill Act (OBBBA) that may benefit many seniors.   If you or your spouse are age 65 or older by the end of the tax year, you may qualify for a brand-new deduction. How Much Is the Deduction? $6,000...

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