WASHINGTON, D.C. – With tax filing season underway, seniors 65 and over are seeing an extra tax deduction just for them that fulfills President Trump’s pledge of “No Tax on Social Security.” Seniors receive an additional $6,000 deduction– available regardless of whether people itemize or take the standard deduction. Married senior couples filing jointly will be able to take a $12,000 deduction. 

Ways and Means Committee Chairman Jason Smith (MO-08) said:

“Seniors on fixed incomes were hit hard during the Democrats’ inflation crisis – which is why President Trump and congressional Republicans moved swiftly to deliver on our No Tax on Social Security pledge. This extra deduction means more money in the pockets of Americans to cover basic necessities like food and health care costs. It will give our nation’s seniors more financial security, which they need and deserve in their retirement years.” 

Here’s how the Working Families Tax Cuts are delivering for seniors this tax filing season:

• “No Tax on Social Security” means a new tax deduction for seniors age 65+ starting with the 2025 tax year, offering up to $6,000 for single filers and $12,000 for married couples.
• 88 percent of seniors receiving Social Security Benefits will pay no tax on their benefits under the Working Families Tax Cuts as a result of their total deductions exceeding their taxable Social Security Benefits.
• Single taxpayers with income up to $75,000 and married filers with income up to $150,000 receive the full deduction. 
• For those with higher incomes, for every $1,000 in additional income over $75,000 for singles (or $150,000 for married seniors filing jointly), the deduction will decline by $60. It is fully phased out at $175,000 for single filers (or $250,000 for joint filers).
• To claim the deduction, a taxpayer must be at least age 65 on or before the last day of the taxable year. Taxpayers must also include the Social Security number of the qualifying individual(s) on the return, and if married, they must file jointly.