What the IRS Isn't Shouting From the Rooftops Let's be real. When was the last time you heard the IRS actively marketing a ...

You know, here's the thing. Most Americans spend decades filing their tax returns without ever hearing about a special form designed just for them once they hit retirement age. It's not like the IRS ...

The senior bonus deduction is claimed directly on your regular tax return, using either Form 1040 or Form 1040-SR. A Schedule ...

Form 4547, which allows taxpayers to elect the new Trump accounts, was clearly numbered with purpose. But when it comes to 1040s, W-2s, 1099s, and other familiar forms, the explanation is far less ...

IRS Publication 523 allows taxpayers to exclude up to 500,000 of gain if ownership and residence tests are met. The article ...

About 20% of Mississippi workers failed to claim the tax credit in 2022, according to the most recent data from the Internal Revenue Service.

The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about ...

If you’re over 65 and preparing your 2025 taxes, a supersized new deduction lets you claim an additional $6,000 as a standard ...

Taxpayers aged 65 and older are eligible for a $6000 deduction. Here's all on eligibility and how the deductions work with ...

Another method to see if your Social Security benefits are taxable is to look at your combined income, which includes your ...

Tax-filing season is officially open this year — and taxpayers age 65 and older may get an additional $6,000 deduction when they file a return.