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Tax Relief for Seniors: Higher Standard Deduction

This bill increases the standard tax deduction for older individuals, meaning seniors can deduct a larger amount from their income before calculating taxes. These changes could result in lower tax bills for many retirees, improving their financial situation. The new amount will also be adjusted for inflation to maintain its value over time.
Key points
The additional standard deduction for seniors will increase from $600 to $5,000.
The deduction amount will be automatically adjusted for inflation starting in 2027 to preserve its value.
These changes will apply to tax years beginning after December 31, 2025.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_1130
Sponsor: Rep. Malliotakis, Nicole [R-NY-11]
Process start date: 2025-02-07
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Bonus Tax Relief for America’s Seniors Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_1130.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-02-07.

What are the main provisions?

Key points include:

  • The additional standard deduction for seniors will increase from $600 to $5,000.
  • The deduction amount will be automatically adjusted for inflation starting in 2027 to preserve its value.
  • These changes will apply to tax years beginning after December 31, 2025.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Malliotakis, Nicole [R-NY-11].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes