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Doing a Roth conversion in 2025? Here’s how to use Trump’s new $6,000 senior deduction to slash your taxes — but you need to be careful

For seniors across the country, perhaps the most noteworthy aspect of the new bill is the additional deduction for this ...
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The $6,000 senior 'bonus' explained; and why you won't see it in your bank account

A new temporary tax deduction for seniors offers relief, but it’s not a direct cash payment. Knowing the rules is key to ...

What the Big Beautiful Bill Means for You: New IRS Guidelines Break It Down

The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...

4 Things President Trump Isn't Telling You About the OBBB's "No Tax on Social Security Benefits"

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1 Million Retirees in South Carolina Qualify For The ‘Senior Deduction’ Under Big, Beautiful Bill

South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social Security income from ...
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Hidden price: Tax breaks for seniors may speed up Social Security insolvency

The One Big Beautiful Bill adds a new tax deduction for seniors, but it may accelerate Social Security’s insolvency by ...
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The Truth Behind the "Senior $6,000 Bonus" (Not Everyone Will See Lower Taxes)

Find out the truth behind the senior $6,000 Bonus in the Big Beautiful Bill, including who qualifies and how much it could ...