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Article Feb 24, 2026 5 min read

New Senior Deduction Explained

The deduction for joint filers begins to phase out at $150,000 and is completely eliminated when their MAGI is $250,000 or more.

Edward Torres, CPA

Edward Torres, CPA

Principal CPA · ETCPA

The deduction for joint filers begins to phase out at $150,000 and is completely eliminated when their MAGI is $250,000 or more.

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