§70103 of the One Big Beautiful Bill Act (OB3 Act) added new §151(d)(5)(C) to create a new deduction of up to $6,000 for an individual age 65 or older by the end of the tax year ($12,000 total on a joint return if both taxpayers are 65 or older).
While politicians refer to this provision as “no tax on Social Security,” the deduction is unrelated to a taxpayer’s receipt of Social Security benefits.
Read More: https://www.tomtalkstaxes.com/p/senior-deduction (April 10, 2026)