New IRS tax deduction available for seniors. How do you get yours?

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
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IRS Releases Updated Schedule 1 Tax Form and Instructions for 2023 and 2024 Announced by Harbor Financial

The Internal Revenue Service (IRS) has recently released the updated Schedule 1 tax form and instructions for the years 2023 and 2024. TRAVERSE CITY, MI, US, January ...

Tax season kicks off with new form and expanded deductions

IRS expects to process 164 million individual tax returns this year ...
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IRS Schedule 1-A explained: How to claim tax breaks for tips, overtime, car loans, and seniors

IRS: Taxpayers looking to claim some of the new deductions tucked into the recently passed One Big Beautiful Bill Act will need to prepare for extra paperwork. The Internal Revenue Service has ...