The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

WASHINGTON ? The Internal Revenue Service wants seniors to know about the availability of a new tax form, Form 1040-SR, featuring larger print and a standard deduction chart with a goal of making it ...

The promise of financial relief for seniors has arrived, packaged in the form of a new tax deduction. Roughly 34 million ...

As tax season approaches, seniors and retirees are gearing up to file their taxes, and the IRS Form 1040-SR has been designed to cater to their needs. TRAVERSE CITY ...

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

As much as seniors love a new tax break, a risk exists that retirees and others will miss out if they think the new enhanced deduction for seniors on 2025 federal income tax returns is somehow ...

The Internal Revenue Service (IRS) has released tax form 1040-SR for senior taxpayers, including instructions and printable forms for the years 2023 and 2024 ...

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, ...

Filing your taxes is a task that takes place on an annual basis. Whether you're just in the door at your new job or a centenarian who has enjoyed retirement for decades, this obligation remains in ...

2026 federal tax season starts as IRS accepts 2025 returns with Form 1040.