The One Big Beautiful Bill Act provides a temporary additional federal tax deduction of up to $6,000 for taxpayers aged 65 and older, available through December 31, 2028 for single filers with adjusted gross income of $75,000 or less and for couples filing jointly with adjusted gross income of $150,000 or less.
December 31, 2028
high
temporal
Statutory provision offering an age-based temporary deduction with income limits and an expiration date.
The One Big Beautiful Bill Act (2025) included tax-law changes that require the Internal Revenue Service to implement new deductions for overtime and tips.
October 06, 2025
high
temporal
Tax-law provisions created by the One Big Beautiful Bill Act that affect IRS filing rules and taxpayer deductions.