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Seniors Set To Receive Big Tax Relief Thanks to Trump, GOP

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is highly flexible, noted the outlet.

Most taxpayers who claim the standard deduction can also take advantage of the senior bonus deduction in addition to the extra standard deduction available to those age 65 and older.

Taxpayers who choose to itemize their deductions are also eligible to claim the bonus.

“This bonus allows taxpayers age 65 and older continue reading …

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