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How long will this tax break last?: Both the House and Senate bills put a limit on the new "senior bonus." We're looking at a proposed tax break that remain in place in 2025, 2026, 2027 and 2028.
How long will this tax break last?: Both the House and Senate bills put a limit on the new "senior bonus." We're looking at a proposed tax break that remain in place in 2025, 2026, 2027 and 2028.
How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.