The Internal Revenue Service (IRS) has introduced the redesigned 1040-SR form for seniors for the 2023 and 2024 tax years. TRAVERSE CITY, MI, US, August 4, 2023 ...
Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
$31,500 for joint filers (plus $1,600 for each spouse 65 or older) $15,750 for single filers (plus $2,000 if 65 or older) $23,625 for head-of-household filers (plus $2,000 if 65 or older) $15,750 for ...
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 ...
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