You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

The average taxpayer is expected to get a bigger refund this tax season under President Donald Trump’s “One Big Beautiful Bill Act,” which allows many people to claim bigger deductions or avoid paying ...