Tax-filing season is officially open this year — and taxpayers age 65 and older may get an additional $6,000 deduction when ...

If you're nearing retirement age or already there, tax season might be about to get a little less painful. A significant new tax benefit called the senior bonus deduction was tucked into President ...

WASHINGTON ? The Internal Revenue Service wants seniors to know about the availability of a new tax form, Form 1040-SR, featuring larger print and a standard deduction chart with a goal of making it ...

As tax season approaches, seniors and retirees are gearing up to file their taxes, and the IRS Form 1040-SR has been designed to cater to their needs. TRAVERSE CITY ...

Starting for the 2026 tax season, seniors aged 65 and older can claim an additional $6,000 deduction. Here are all the ...

As much as seniors love a new tax break, a risk exists that retirees and others will miss out if they think the new enhanced deduction for seniors on 2025 federal income tax returns is somehow ...

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 IRS said it expects 164 million individual tax returns to be filed.

Before filing your tax return, be sure you understand these 14 key tax forms, what they're for, and how they can impact your ...

The Internal Revenue Service (IRS) has recently released the updated instructions for the 1040-SR tax form. TRAVERSE CITY, MI, US, April 25, 2024 /EINPresswire.com ...