The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.
Taxpayers aged 65 and older are eligible for a $6000 deduction. Here's all on eligibility and how the deductions work with ...
You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...
2026 federal tax season starts as IRS accepts 2025 returns with Form 1040.
The IRS said it expects 164 million individual tax returns to be filed.
The 2026 tax season opened Jan. 26, and there are a few new federal withholdings filers need to be aware of.
While many households will see higher refunds this year, they may be far smaller than promised and offset by higher tariffs ...