A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...
Taxpayers must turn 65 before the end of 2025 to qualify for a new proposed deduction on next year's tax return. It would not matter if you're receiving Social Security benefits or delaying to claim.
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The extra standard deduction for seniors: A simple tax break worth over $2,000
Turning 65 comes with a tax perk! Learn about the extra standard deduction for seniors, the 2025 amounts, and how it can ...
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New forms, new year for Jasper County’s senior tax credit
Jasper County's senior tax credit program is wrapping up its first year, and seniors will need to re-apply for the program in ...
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 ...
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 ...
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