The recently passed One Big Beautiful Bill Act (OBBBA) addresses some tax law uncertainty while creating several benefits impacting your 2025 tax return. One of these benefits is a new $6,000 deduction for seniors. Here is what you need to know.

The Changes

Personal exemptions are gone! First and foremost, the law permanently eliminates personal exemptions. Without the change, exemptions were scheduled to be reintroduced in 2026.

New senior benefit. But the law also introduces a new senior deduction of $6,000 per individual with these requirements:

You must be 65 years or older during the tax year.

The $6,000 benefit is only available for years 2025 thru 2028.

It is per taxpayer, but if married you must file a joint tax return.

You must have a valid Social Security Number.

The

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