October 9, 2025 - The new deduction for seniors over ... The 2025 senior deduction starts to decrease for taxpayers with a Modified Adjusted Gross Income (MAGI) over $75,000 (Single)/$150,000 (Married Filing Jointly)....

3 days ago - The standard deduction for 2025 (taxes filed in 2026) is $15,750 for single filers and married people filing separately, $23,625 for heads of household, and $31,500 for those married filing jointly and surviving spouses.

You do not qualify to claim the standard deduction · Visit 2024 Instructions for Schedule CA (540) or 2024 Instructions for Schedule CA (540NR) for more information. Last updated: 09/24/2025 · This link will take you to an external website that FTB does not own or control.

3 days ago - On top of this, taxpayers aged 65 and older both itemizing and claiming the standard deduction may claim a new $6,000 deduction per qualifying taxpayer, phasing out at a six percent rate for those earning over $75,000 (single) and $150,000 (joint) ...

Major Increase in the SALT Deduction: The State and Local Tax (SALT) cap increased from $10,000 to $40,000, allowing taxpayers who itemize their deductions to subtract certain state and local taxes, including property taxes, income taxes, and ...

October 29, 2024 - Initially for 2025, the standard deduction was set to rise by $400 to $15,000 for single filers, $800 to $30,000 for married couples filing jointly, and $600 to $22,500 for heads of household.

December 8, 2025 - Age and Blindness: Unlike the federal system, California does not offer an additional standard deduction amount for age 65 or older or for blindness.

New deduction: Effective for 2025 through 2028, individuals who are age 65 and older may claim an additional deduction of $6,000. This new deduction is in addition to the current additional standard deduction for seniors under existing law.

For single filers, the new deduction will increase to $5,260, while married couples filing jointly will see a higher deduction of $10,520. This increase is part of a broader effort to reduce the overall tax burden on residents.

September 9, 2025 - Effective for 2025 through 2028, individuals who are age 65 and older may claim an additional deduction of $6,000. This new deduction is in addition to the current additional standard deduction for seniors under existing law.

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Individual taxpayers age 65 or older may qualify for a new senior deduction of up to $6,000 for tax years 2025 through 2028, as introduced in the One Big Beautiful Bill Act (OBBBA).

July 25, 2025 - To be eligible for the new senior deduction, you need to turn 65 on or before Dec. 31, 2025, and file as an individual, head of household, surviving spouse or a married couple filing jointly.

1 week ago - Here are the IRS extra standard deduction amounts for 2025. (You'll use these numbers for tax returns typically filed in early 2026.) Also, for more detailed information on the current amounts, see Tax Deduction Change for Those Over Age 65.

The OBBBA also established a new tax deduction for taxpayers who are at least 65 years old. For tax years 2025 through 2028, eligible seniors can deduct an additional $6,000 from their taxable income.

January 30, 2025 - The standard deduction reduces your taxable income, which results in a lower amount of taxes owed. For the 2025 tax year, the standard deduction in California is:

* If your 65th birthday is on January 1, 2026, you are considered to be age 65 on December 31, 2025. ↵Return to first table under the header California adjusted gross income · If you can be claimed as a dependent, you have a different standard deduction. It cannot be more than the normal standard deduction.

For single taxpayers and married ... be $24,150. (Additionally, for tax year 2025, the OBBB raises the standard deduction amount to $31,500 for married couples filing jointly....

2 weeks ago - Several amounts have been adjusted for inflation, and California continues to maintain key differences from federal tax rules, particularly for itemized deductions and state-specific credits. Taxpayers are encouraged to review both options carefully and consider electronic filing, which helps ensure accuracy, speeds up refunds, and reduces processing delays with the California Franchise Tax Board (FTB). ... The standard deduction is a fixed dollar amount that reduces your taxable income and simplifies filing by eliminating the need to track individual deductible expenses.