Gross Income
$45,000
Total Deduction
$24,150
Total Tax Savings
$720
Effective Rate (After)
5.0%
Tax Savings
Who qualifies for the OBBBA senior bonus deduction?
Taxpayers aged 65 or older who take the standard deduction qualify for the OBBBA senior bonus deduction. This is on top of the existing additional standard deduction for seniors. You must be 65 or older by the end of the tax year to claim it.
How much is the senior bonus deduction?
The OBBBA provides an additional $6,000 standard deduction per qualifying individual aged 65+. For married filing jointly where both spouses are 65 or older, the combined bonus is $12,000. This stacks on top of the existing standard deduction and additional senior deduction.
What is the MAGI phaseout for the senior bonus deduction?
The senior bonus deduction phases out at $75,000 of modified adjusted gross income (MAGI) for single filers, head of household, and married filing separately. For married filing jointly, the phaseout threshold is $150,000. If your MAGI exceeds these limits, you cannot claim the bonus deduction.
Does the senior bonus deduction stack with the existing standard deduction?
Yes. The OBBBA senior bonus deduction is in addition to both the regular standard deduction and the existing additional standard deduction for taxpayers aged 65 and older. For example, a single filer aged 67 gets the standard deduction, plus the existing $2,000 65+ additional deduction, plus the new $6,000 OBBBA senior bonus.
When does the senior bonus deduction expire?
The OBBBA senior bonus deduction is currently set to sunset after the 2028 tax year. Unless Congress extends or makes the provision permanent, it will no longer be available starting in the 2029 tax year.
OBBBA-Aligned: Based on the One Big Beautiful Bill Act senior bonus deduction provisions (2025-2028). The $6,000 per-person deduction is subject to MAGI phaseout thresholds. Actual tax liability may differ when you file your annual return.
Disclaimer: This calculator provides estimates based on current IRS rates and thresholds for the 2025 tax year. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your filing status, state of residence, deductions, and individual circumstances. Always consult a qualified tax professional or CPA before making financial decisions. Read our terms
This calculator uses official rates and thresholds from:
- IRS — OBBBA Tax Deductions for Seniors
- IRS — 2026 Tax Inflation Adjustments (OBBBA)
- IRS Publication 17 — Your Federal Income Tax
- Revenue Procedure 2024-40 — Inflation Adjustments for 2025
Last verified: April 2026 · Tax year 2026. Results are indicative — consult a qualified accountant for personalised advice.