The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
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 ...
The IRS said it expects 164 million individual tax returns to be filed.
2026 federal tax season starts as IRS accepts 2025 returns with Form 1040.
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New federal tax withholdings for 2025 tax year; what you need to file
The 2026 tax season opened Jan. 26, and there are a few new federal withholdings filers need to be aware of.
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