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Senior Bonus Deduction Calculator

The One, Big, Beautiful Bill Act provides an additional $4,000 deduction ($8,000 for married couples both 65+) for taxpayers age 65 and older. This is on top of the existing additional standard deduction. Enter your details to see your savings.

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Your Details
You save $480 in federal taxes with the OBBBA senior bonus deduction — that's $40 per month.
Before vs After OBBBA
$480

annual savings ($40/month)

Deduction Breakdown
Base amount (1 qualifying person × $4,000)
$4,000
Deductible amount
$4,000

This is in addition to the existing $1,550/$1,250 additional standard deduction for age 65+.

Effective Tax Rate Impact

7.16%

Before

6.09%

After OBBBA

Eligibility Checklist
  • You are age 65 or older by the end of the tax year
  • You have a valid Social Security number
  • For married filing jointly, your spouse must also be age 65+ to claim the full $8,000

This is an above-the-line deduction — you don't need to itemize. It applies to federal income tax only. Available for tax years 2025–2028.

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How the OBBBA Senior Bonus Deduction Works

Deduction Amount

$4,000 per qualifying person. Married filing jointly with both spouses 65+ get up to $8,000.

Above-the-Line

This is an above-the-line deduction — you don't need to itemize. It reduces your adjusted gross income directly.

Income Phase-Out

Phases out proportionally for AGI between $75,000–$100,000 (single) or $150,000–$200,000 (MFJ). Zero above the upper limit.

In Addition To Existing Deduction

This stacks on top of the existing $1,550/$1,250 additional standard deduction for age 65+. You get both.

Frequently asked questions

How much is the OBBBA senior bonus deduction?

$4,000 per qualifying person. For MFJ with both spouses 65+, the maximum is $8,000. It's an above-the-line deduction — no itemizing required.

Is this the same as the existing age 65+ standard deduction?

No. This is a new, additional deduction on top of the existing $1,550 (single/HoH) or $1,250 (married) additional standard deduction for age 65+. You can claim both.

What is the income phase-out?

The deduction phases out proportionally between $75K–$100K AGI (single/HoH/MFS) and $150K–$200K (MFJ). At the midpoint you get half; above the upper limit, zero.

Can I claim this with other OBBBA deductions?

Yes. The senior bonus, tip, overtime, and car loan deductions are all independent. Claim every one you qualify for.

Sources

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Last updated May 1, 2026 Tax year 2025-26

Data sources: IRS (irs.gov), Social Security Administration

This tool is general information only, not financial advice.

Reviewed by USTax Tools Editorial Desk

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