The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.
The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...
Americans are getting bigger-than-usual tax refunds this year, with an estimated $90 billion to $100 billion increase in ...
Any legally married couple can opt to file their tax returns separately. The "married filing separately" status doesn't come ...
Here's when Social Security and SSI checks arrive for February, how much benefits have risen and what new tax and repayment ...
Here's when Social Security and SSI checks arrive for February, how much benefits have risen and what new tax and repayment rules mean in 2026.
The $15,750 secret can make partnered one-income households overpay in 2026—learn the planning moves that lower the bill.
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 ...