A Form Most Seniors Don't Even Know Exists The IRS rolled out Form 1040-SR back in 2019, mandated by the Bipartisan Budget ...

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 ...

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 ...

A new $6,000 IRS senior deduction could lower 2026 tax bills for retirees. Learn who qualifies, how it works, and how to ...

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

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...

Social Security recipients saw higher 2026 taxes after benefit boosts from the Social Security Fairness Act. Most increases ...

Retirement comes with many financial surprises. One of them is how tax regulations change once you cross that magical ...

In a bid to offer more financial relief to older Americans, a new tax initiative is set to benefit seniors aged 65 and older. Known as the “Senior Bonus,” this additional $6,000 tax deduction, ...