The Senior Deduction – Clearing up the “No Tax on Social Security” Myth

Taxpayers age 65 or older by year-end 2025 may now claim a Senior Deduction of up to:
• $6,000 per eligible taxpayer
• $12,000 for married couples where both spouses are 65+

This deduction lowers taxable income, not AGI.

Income phaseout

The deduction is reduced by 6% of MAGI above:
• $75,000 (single)
• $150,000 (joint filers)

Each spouse’s deduction phases out separately.

Important clarification

This deduction has nothing to do with Social Security taxation. Social media posts claiming otherwise are incorrect.

What you need to provide

Standard income documents (SSA-1099, 1099-R, W-2s) are generally sufficient.

Bottom line

If you’re 65 or older, this new deduction can help reduce your tax bill—especially for retired or fixed-income taxpayers.