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Tax changes coming for seniors this year

by LJ News Opinions
January 16, 2026
in Business
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The One Big Beautiful Bill (OBBB) Act that President Trump signed into law last July implemented multiple changes to the tax code, including for seniors.  One notable change is a new $6,000 deduction available for people age 65 and older, in addition to the standard deduction previously available.  On Thursday, officials from the AARP discussed…

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