Whether you need to file a federal tax return for the 2025-2026 tax year depends mainly on your income, filing status, and age. In general, you’re required to file if your gross income exceeds the IRS ...
Dear Savvy Senior: What are the IRS income tax filing requirements for retirees this tax season? I didn’t file a tax return last year because my income was below the filing threshold. But I got a part ...
Married couples over 65 can claim a new $12,000 deduction, but two rules can wipe it out. Here is how the phase-out works and ...
Every year, the IRS adjusts certain tax thresholds and amounts to keep pace with inflation, and this year is no different. In addition to new tax brackets and higher standard deduction and estate ...
Tax season is fast approaching and several tax policy changes impacting older Americans will be in effect when seniors go to file their returns. The enactment of Republicans' One Big Beautiful Bill ...
Tax season opened this year on January 26, 2026, and the IRS expects to process more than 164 million individual tax returns for the 2025 tax year. But not everyone is rushing to file, and not ...
If you haven’t received your tax forms from your employer by Jan. 31, reach out to your HR department. Keep in mind that ...