US politics
fromSFGATE
3 days ago1 Million Retirees in Missouri Qualify for the 'Senior Deduction' Under Big, Beautiful Bill
The One Big Beautiful Bill Act will eliminate federal income tax on Social Security income for most retirees.
Under the OBBBA, the tax code now includes a new senior-specific deduction of $6,000 for single filers and $12,000 for married couples filing jointly-if both spouses are 65 or older.