Nov 15 • General discussion
For Older Adults - How the ‘One Big Beautiful Bill’ Could Effect You
$6,000 bonus deduction for older adults
Americans ages 65 and older can claim an extra standard deduction ($2,000 for a single filer, $1,600 per qualifying spouse in a couple) on top of the standard deduction available to all taxpayers who don’t itemize. The reconciliation bill adds a 65-plus bonus deduction of $6,000, through the 2028 tax year.
3
2 comments
For Older Adults - How the ‘One Big Beautiful Bill’ Could Effect You
skool.com/thenextlevelcommunity
🔥 The #1 Community for those special men & women who want to GROW their Finances, Quality Of Life and/or their Business to The Next Level!
Powered by