The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...

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 ...

Master tax filing. Learn about primary forms, supplementary schedules, special situations, miscellaneous forms, and more.

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 ...

The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income ...

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.

Millions of Americans over 65 will qualify for a new $6,000 deduction on their 2025 tax returns. This added relief comes as older adults continue to face mounting financial pressure from rising food, ...

Turning 65 means tweaking your lifestyle habits due to natural changes that occur to your body. There are two surprises that happen with age—sarcopenia (the loss of muscle) and bone loss. It’s ...

The American Dream of homeownership is starting to feel like a high-interest subscription service. Between the down payment and the average $10,867 yearly homeowners bleed for maintenance (according ...