California SB1249 allows a tax deduction for elderly seniors from 2027 to 2031.

California SB1249 introduces a tax deduction for elderly seniors from taxable years beginning on or after January 1, 2027, and before January 1, 2032. The deduction amount is $3,000 for each qualified individual, subject to a reduction based on income levels. The deduction phases out for married couples filing jointly with adjusted gross income above $300,000 and less than $325,000, and for other filers with income above $150,000 but less than $162,500. The deduction is repealed as of December 1, 2032.

California SB1249 allows a tax deduction for elderly seniors from 2027 to 2031.

California SB1249 introduces a tax deduction for elderly seniors from taxable years beginning on or after January 1, 2027, and before January 1, 2032. The deduction amount is $3,000 for each qualified individual, subject to a reduction based on income levels. The deduction phases out for married couples filing jointly with adjusted gross income above $300,000 and less than $325,000, and for other filers with income above $150,000 but less than $162,500. The deduction is repealed as of December 1, 2032.