{"id":208887,"date":"2026-03-27T21:38:10","date_gmt":"2026-03-27T21:38:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/208887\/"},"modified":"2026-03-27T21:38:10","modified_gmt":"2026-03-27T21:38:10","slug":"tax-tips-new-breaks-for-seniors-and-service-workers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/208887\/","title":{"rendered":"Tax tips: New breaks for seniors and service workers"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/03\/vlcsnap-2026-03-27-16h30m11s003.png\" alt=\"\" data-v-7d0efd03=\"\"\/> article    <\/p>\n<p data-v-f1afc186=\"\">TAMPA, Fla. &#8211; The government added major <a href=\"https:\/\/www.fox13news.com\/tag\/business\/personal-finance\" target=\"_blank\" rel=\"noopener nofollow\">tax breaks<\/a> this season targeting senior citizens and service workers. If you were 65 or older in 2025, you can claim an additional $6,000 individual deduction \u2014 or $12,000 for a married couple \u2014 on top of your standard deduction. This is a new &#8220;above-the-line&#8221; deduction claimed on the new IRS Schedule 1-A.<\/p>\n<p>   <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/03\/vlcsnap-2026-03-27-16h29m48s373.png\" alt=\"\" loading=\"lazy\" fetchpriority=\"auto\" data-v-2fe2fe3e=\"\"\/>  <\/p>\n<p original-article-post=\"\" origination_station=\"WTVT\" data-v-ec26887a=\"\" data-v-f1afc186=\"\">Dig deeper:<\/p>\n<p data-v-f1afc186=\"\">There is also a new tax break on overtime and tips. The law shields up to $25,000 in eligible tips and up to $12,500 in overtime pay for individuals (or $25,000 in overtime for married couples).<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/03\/vlcsnap-2026-03-27-16h30m24s875.png\" alt=\"\" loading=\"lazy\" fetchpriority=\"auto\" data-v-2fe2fe3e=\"\"\/>  <\/p>\n<p original-article-post=\"\" origination_station=\"WTVT\" data-v-ec26887a=\"\" data-v-f1afc186=\"\">What you can do:<\/p>\n<p data-v-f1afc186=\"\">Because the law is new, some employers&#8217; payroll software hasn&#8217;t caught up. Your employer may lump all your income together in Box 1 of your W-2 as fully taxable income. If that happens, it is up to you to pull your final 2025 pay stubs, separate your overtime and tip income, and manually deduct it on Schedule 1-A. Make sure your tax professional or software is updated to reflect this.<\/p>\n<p class=\"group-source-paragraph\" data-v-4fbf7207=\"\">The Source: Information comes from recent federal tax legislation creating the Schedule 1-A exemptions for seniors, as well as IRS guidance on tip and overtime income shielding.<\/p>\n<p>    <a href=\"https:\/\/www.fox13news.com\/tag\/business\/personal-finance\" class=\"tags-tag\" data-v-f1afc186=\"\" rel=\"nofollow noopener\" target=\"_blank\">Personal Finance<\/a><a href=\"https:\/\/www.fox13news.com\/tag\/money\" class=\"tags-tag\" data-v-f1afc186=\"\" rel=\"nofollow noopener\" target=\"_blank\">Money<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"article TAMPA, Fla. &#8211; The government added major tax breaks this season targeting senior citizens and service workers.&hellip;\n","protected":false},"author":2,"featured_media":208888,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[558,2159,115,8344,135,137,136],"class_list":["post-208887","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-business","tag-money","tag-news","tag-personal-finance","tag-tampa","tag-tampa-headlines","tag-tampa-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/208887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=208887"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/208887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/208888"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=208887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=208887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=208887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}