The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the number of seniors who won't pay taxes on Social Security to 88 percent. Currently, 64 percent of seniors already don't pay taxes on Social Security benefits.

President Donald Trump has promoted a new $6,000 senior tax deduction and pledged to protect Social Security, and Commissioner Frank Bisignano has outlined efforts to modernize the system. Analysts have warned about risks of insolvency and unequal benefit distribution,

A $6,000 senior tax break is drawing praise and criticism as experts warn of solvency risks while officials highlight modernization.

In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

Seniors can currently claim a standard deduction of $15,000 (or $30,000 for couples), plus an additional senior-specific deduction of $2,000 (or $3,600 for couples).

Donald Trump’s big sweeping spending bill included a sweetener for many seniors across America. Individuals over the age of 65 can claim $6,000 as a tax deduction, as of their next tax filing, according to the Internal Revenue Service.

Employers are responsible for providing statements for workers to claim federal income tax deductions on overtime compensation.