What is the OBBBA senior deduction for age 65 or older?

The OBBBA senior deduction is a temporary deduction of $6,000 for taxpayers age 65 and older, established under Section 70103 of the One Big Beautiful Bill Act, available for tax years 2025 through 2028. For married filing jointly where both spouses are 65 or older, the combined deduction is $12,000. The benefit phases out based on MAGI, starting at $75,000 for singles and $150,000 for MFJ, with the deduction fully eliminated at $175,000 (single) and $350,000 (MFJ). It pairs well with a Traditional 401k and Roth conversion strategy to manage MAGI pressure during the four-year availability window.

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