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The GOP tax overhaul kept this $1,300 break for seniors

CNBC logo CNBC 12/23/2017 Darla Mercado

President Donald Trump celebrates with Congressional Republicans after the U.S. Congress passed sweeping tax overhaul legislation on the South Lawn of the White House in Washington, U.S., December 20, 2017. © Provided by CNBC President Donald Trump celebrates with Congressional Republicans after the U.S. Congress passed sweeping tax overhaul legislation on the South Lawn of the White House in Washington, U.S., December 20, 2017.

Seniors can still grab this tax break under the new tax law: the additional standard deduction.

The "Tax Cuts and Jobs Act," which President Donald Trump signed into law on Dec. 22, doubles the standard deduction to $12,000 for single filers and $24,000 for joint filers who are married.

The legislation also leaves intact the additional standard deduction for filers who are 65 and over or blind, allowing them to claim an additional $1,300 when they file their 2018 taxes.

This means that two married taxpayers who are both over 65 can lower their taxable income by an extra $2,600.

Single filers who are blind or over 65 are eligible for a $1,600 additional standard deduction, on top of the $12,000 they get from the new tax law.

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