A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.
The Internal Revenue Service (IRS) has released tax form 1040-SR for senior taxpayers, including instructions and printable forms for the years 2023 and 2024 ...
The One Big Beautiful Bill Act, signed into law in July, rewired several individual tax rules that apply this year, meaning your 2025 return could look different even if your income has not changed.
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