For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
The new "Trump tax bill," as the BBB is also called, raises each of the 2025 standard deduction amounts from anywhere between ...
This bonus will come in addition to the existing extra standard deduction for seniors, which the IRS has increased as part of ...
Turning 65 comes with a tax perk! Learn about the extra standard deduction for seniors, the 2025 amounts, and how it can ...
The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of ...
Seniors relying on Social Security may have a new tax deduction in 2026. President Donald Trump’s One Big Beautiful Bill ...
Unlock overlooked tax deductions -- from medical costs to home office write‑offs -- to lower your taxable income and keep ...
The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.
Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...
To account for inflationary changes, Minnesota is boosting the income ranges in its four tax brackets by 2.37% next year.
Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...