Roughly 2.1 million retirees in Ohio are expected to benefit from a new federal deduction that exempts most Social Security income.

Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file taxes.

If your income exceeds $150,000 for a single adult or $250,000 for a married couple, you won't qualify for the $6,000 senior deduction. However, you're still eligible to claim your standard deduction and the $2,000 senior deduction that was already in place before the BBB passed.