The IRS is rolling out significant tax form changes impacting seniors over 65. These updates aim to ease the financial burden ...

A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.

If you find that part of your Social Security benefits will be taxable, you’ll need to file using Form 1040 or Form 1040-SR.

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

Fact checked by Vikki Velasquez Key Takeaways Between 2025 and 2028, Americans aged 65 and older will receive an additional $6,000 deduction if they itemize or take the standard ...

Starting this year, IRA owners who donate via QCDs could reap greater benefits from megabill provisions such as expanded ...

Individuals over the age of 65 can claim $6,000 as a tax deduction, as of their next tax filing, according to the Internal Revenue Service. Those who file joint returns can claim this amount ...

The IRS offers special tax breaks for seniors that can save you thousands as you get older. Many older Americans miss these deductions simply because they don’t know about them. Whether you’re retired ...

What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential ...

The IRS unveils 2025 standard deductions, with inflation adjustments and new provisions affecting millions of taxpayers’ finances ...

BALDWIN COUNTY, Ala. (WKRG) — We’re months away from tax season, but Gulf Coast seniors are working to help more people file this year. Members of the Area Agency on Aging are holding volunteer ...

The "One Big Beautiful Bill Act" did not eliminate Social Security taxes. It did, however, provide a temporary “senior bonus” ...